Zodia Custody announces partnership with crypto lending firm Maple Finance

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Zodia Custody News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Zodia Custody has announced a partnership with Maple Finance, providing custodian solutions for Maple Finance's global lending arrangements.

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Standard Chartered-Backed Zodia Custody Partners with Crypto Lending Firm Maple FinanceIan Allison is an award-winning senior reporter at CoinDesk. He holds ETH.
Source: CoinDesk - 🏆 291. / 63 Read more »

Sui expands custody with Copper to attract institutional financeSui Network is expanding its custody capabilities through a partnership with Copper with new features for staking and DeFi functions.
Source: Cointelegraph - 🏆 562. / 51 Read more »