Standard Chartered signs deal to acquire 100% of Zodia Custody parent

The bank is bringing its crypto custody spinout back in-house, pending regulatory approval, and spinning the tech side into a new entity called Zodia Solutions Standard Chartered has signed definitive agreements to acquire 100% of Zodia Custody, the digital asset custodian it helped create through its venture arm, SC Ventures. The signing, confirmed on October 21, 2026, comes months after Zodia’s shareholders accepted the bank’s non-binding offer. Regulators still need to approve the deal, and standard closing conditions apply. No financial terms have been disclosed. The acquisition splits Zodia into two parts, each with a separate destination.