Zodia Custody, an institutional-grade cryptocurrency custodian backed by Standard Chartered, SBI Holdings, Northern Trust and National Australia Bank, has announced a partnership with Maple Finance, a specialist in crypto lending. The agreement will see Maple Finance utilizing Zodia Custody as a preferred custodian for its global lending arrangements.
The partnership will also enable Zodia Custody wallets to support the Maple token. According to the crypto custodian, this move will address the need for market participants to maximize returns in alternative stores of value. Maple Finance Head of Operations Ryan O’Shea said that the partnership will advance infrastructure and cultivate the borrowing and lending solutions institutions need to bring more assets on-chain. "This will allow for more security, more options, and more transparency," O’Shea added.
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