Zodia Custody partners with Maple Finance to provide secure crypto custody and lending services. Supported by institutions like Standard Chartered, this partnership aims to enhance value generation from cryptocurrencies.
Points
- Zodia Custody collaborates with Maple Finance for secure crypto lending.
- Partnership supported by Standard Chartered, SBI Holdings, Northern Trust, and National Australia Bank.
- Integration begins in Q3, offering flexible cryptocurrency use and secure storage.
- Zodia ensures secure holding of collateral, enhancing client asset utilization.
- Trend of traditional financial institutions integrating with crypto markets.
Zodia Custody, a prominent crypto custody service provider, has announced a strategic partnership with Maple Finance, a specialist in crypto lending. This collaboration aims to offer secure custody services while enabling clients to generate value from their cryptocurrencies. Backed by major financial institutions such as Standard Chartered, SBI Holdings, Northern Trust, and National Australia Bank, Zodia Custody is making a significant move in the crypto lending sector.
The integration of Zodia Custody with Maple Finance is scheduled to commence at the beginning of the third quarter. This timeline aligns with the companies’ objectives to leverage current market conditions and enhance services for clients promptly. Zodia Custody’s clients will benefit from the flexibility of using their cryptocurrencies while continuing to enjoy reliable custody services.
Security and risk management are paramount in the volatile world of cryptocurrencies. Zodia Custody ensures the secure holding of collateral, allowing clients to utilize their assets without exposing them to unnecessary risks. This partnership represents a strategic effort to combine secure custody services with robust lending capabilities.
The collaboration between Zodia Custody and Maple Finance underscores a growing trend of traditional financial institutions integrating with the crypto market. This integration aims to provide comprehensive and secure solutions to clients, reflecting the evolving landscape of financial services.
In summary, the partnership between Zodia Custody and Maple Finance highlights the convergence of traditional finance with the burgeoning crypto market, offering enhanced value and security for cryptocurrency assets.
Important: This article is intended for informational purposes only and should not be taken as legal, tax, investment, financial, or any other type of advice.