Zodiac Custody, associated with Standard Chartered, is now in Hong Kong - a big step in growth in the Asia-Pacific region. Founded in 2020, Zodia helps banks store cryptocurrencies securely. After launching in Australia, they turned their attention to Hong Kong. 🌏
In Hong Kong, cryptocurrency is coveted by large market participants, not ordinary people, which is ideal for the Zodiac. Hong Kong welcomes crypto, unlike China. Zodia is in discussions with the SFC and the Hong Kong Monetary Authority. They want to follow the rules and offer safe services. 🤝
Zodia will initially offer several crypto assets in Hong Kong. They are also considering new partnerships and clients from other locations. Japan, Singapore and Australia have already been reached. They plan to grow even more.