Standard Chartered-Backed Zodia Custody Partners with Crypto Lending Firm Maple Finance

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Ian Allison is an award-winning senior reporter at CoinDesk. He holds ETH.

Zodia Custody, the cryptocurrency safekeeping service backed by Standard Chartered, SBI Holdings, Northern Trust, and National Australia Bank, has partnered with crypto lending specialist

Under the agreement, collateral pledged to Maple Finance will be securely held by Zodia Custody, allowing its customers to unlock value from their digital assets while remaining within the Zodia Custody ecosystem, according to a press release.was one of the few crypto lending platforms safe and robust enough to weather the storms of 2022 and the collapse of FTX.

The Zodia Custody/ Maple Finance integration is targeted to go live by early Q3, the companies said in a statement.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

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