“Can a bank-owned custodian become the default infrastructure layer through which regulated financial institutions launch every digital asset service — custody, settlement, staking, credit, and stablecoins?”
Founded in 2020 as a joint venture between Standard Chartered and Northern Trust to bring bank-grade custody to digital assets. Since expanded shareholder base to include SBI Holdings, Emirates NBD, and National Australia Bank. Evolving from pure custody into a broader institutional digital asset platform — Interchange for off-venue settlement, Solutions (a BaaS-equivalent for banks entering digital assets), and now custody-native credit and stablecoin/EMT support following its 2026 Luxembourg PI license.
Zodia Custody discloses Zodia Custody (in-house) as its banking provider, according to the Embedded Finance Index 2026.
Zodia Custody does not disclose a bank charter of its own; its banking services are provided through Zodia Custody (in-house).
Zodia Custody's lending and capital products are provided by Programmable Credit Protocol (PCP), Maple Finance and Hidden Road.
Zodia Custody's crypto products run on Zodia Custody (in-house).
The Embedded Finance Index 2026 maps 3 layers in Zodia Custody's stack: Banking / BaaS (Zodia Custody (in-house)); Lending (Programmable Credit Protocol (PCP), Maple Finance, Hidden Road, Zodia Collateral Protect (custody-based collateral wallet for institutional lending) and 3 others); Crypto (Zodia Custody (in-house)).
Zodia Custody is founded in 2020 and headquartered in London, United Kingdom.
Zodia Custody's acquisitions include Tungsten.
Get a read on where your own stack stands against Zodia Custody and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.