- Zodia Custody joins hands with Ripple’s Metaco, offering global sub-custody services.
- While the crypto economy is grappling with increasing threats, the notion of self-custody is widely accepted.
- Julian Sawyer, the CEO of Zodia Custody, sees sub-custody as the third generation of crypto custody.
Recent reports revealed that Zodia Custody, an FCA-registered digital asset custodian by Standard Chartered, has partnered with Mataco, the crypto custody firm acquired by Ripple. The collaboration envisions offering global sub-custody amidst the growing importance of self-custody of crypto assets.
While economic challenges and inherent threats persist in the crypto economy, the notions of crypto storage and settlement networks have become more popular as a way to limit third-party interference. In light of the FTX fall and the subsequent crypto winter that the community witnessed, investors became more vigilant about the potential risks of cryptocurrencies.
Zodia Custody CEO Julian Sawyer narrated the significance of the platform’s alliance with Metaco. Shedding light on the different systems that came into existence to overpower the traditional financial sys…The post Zodia Custody Partners Ripple’s Metaco to Offer Global Sub-Custody appeared first on Coin Edition.