Zodia Custody
Also a provider — view Zodia Custody’s profile →“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?”
Founded2020
HQLondon, United Kingdom
IndustryInfrastructure / Digital Asset Custody
The story
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.
Last 12 months
2026-06
Product timeline
2020
Founded by Standard Chartered and Northern Trust as an institutional digital asset custodian.· banking
2021
Launched Zodia Custody API for institutional integrations.· banking
2023
Launched Interchange for off-venue settlement between custody and trading venues.· banking
2025
Secured MiCA license from CSSF in Luxembourg.· banking
2026
Secured Payment Institution license from CSSF, enabling EMT/stablecoin issuance support.· banking
2026
Announced partnership with Programmable Credit Protocol (PCP) for custody-native credit infrastructure.· lending
2026
Opened Interchange to Maple Finance for institutional on-chain borrowing.· lending
Acquisitions
Regulated entities
7
regulatory licences held by Zodia Custody
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
4 layers disclosed in Zodia Custody’s embedded-finance stack
Banking / BaaS
Card network
in the full report
Lending
in the full report
Crypto
in the full report
Accounting gap: minor
10 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.