NAB Ventures Makes Strategic Investment in Zodia Custody 

Source 4 weeks ago 134
MyIPFS Script: Gateway to Your IPFS Network

NAB Ventures Makes Strategic Investment in Zodia Custody 

According to reports, NAB Ventures acquired an undisclosed stake in Zodia Custody, an institution-grade crypto custodian. The company is already backed by prominent financial companies such as Standard Chartered Bank, Northern Trust, and SBI Holdings

With this strategic investment, NAB Ventures has become the fourth major partner of Zodia Custody. The crypto custody firm established its presence in Australia towards the end of 2023 and is now poised for further growth with the investment firm as its Australian partner.

NAB said it decision to invest in Zodia Custody was driven by several factors including the company’s innovative approach, institution-grade security, and strong regulatory compliance. Zodia Custody plans to expand its footprint in Australia. The company said its immediate priorities include collaborating with local exchanges to safeguard their assets.

Zodia has already been selected by several digital asset trading platforms in Australia to serve as their custodian, in preparation for upcoming regulations requiring exchanges to be licensed under the Australian ... shares this Content with Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) License.

Read Entire Article

NAB Ventures Makes Strategic Investment in Zodia Custody