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UK Bank Standard Chartered Moves to Buy Crypto Custodian Zodia

TradingGain NewsroomTradingGain Newsroom··21 Oct 2026, 17:28 UTC

British bank Standard Chartered has agreed to acquire Zodia Custody, a crypto custody firm. It plans to combine Zodia's bitcoin and crypto services with its own. For traders, the deal points to traditional banks taking a bigger role in crypto, which can signal growing institutional interest.

BTCAt the time of writing, Bitcoin traded at $84,522 (+2.19% in 24h).Live price →

Why it matters

  • A major bank buying a crypto custodian shows traditional finance is moving deeper into digital assets.
  • Zodia's bitcoin and crypto services will be folded into Standard Chartered's own offering.
  • Institutional custody deals like this may influence sentiment about crypto's acceptance by big banks.

What to watch next

Watch for updates on when the acquisition is completed and any details on how Zodia's services will be integrated.

This brief is written by TradingGain from public reporting by Bitcoin Magazine.Read original ↗
UK Bank Standard Chartered Moves to Buy Crypto Custodian Zodia
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TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.