Backed by several financial firms, Zodia expects to tap more diverse investors with a planned $50 million raise.
Zodia Custody, the institutional cryptocurrency custody platform co-owned by Standard Chartered, is working to scale global operations with new funding.
Zodia Custody CEO Julian Sawyer disclosed the company’s plans to raise $50 million to expand its reach and launch new products, Bloomberg reported on Nov. 4.
Backed by several financial firms, Zodia expects to tap a more diverse range of investors, such as companies focused on payments and tokenization, Sawyer said.
