Standard Chartered to Launch Cryptocurrency Brokerage Service in Ireland – Bits Media

Cryptocurrency brokerage company Zodia Custody - a division of Standard Chartered Bank - plans to provide its services to institutional investors in Ireland.

According to the Irish Independent publication, Standard Chartered will make cryptocurrency brokerage services available to Institutions in Ireland through its division Zodia Custody.

SC Ventures, Venture division of Standard Chartered Bank, In collaboration with Northern Trust, they began to develop the castodial service of Zodia Custody at the end of last year.

Service, aimed at institutional investors, Designed to manage investment in crypto assets. Since the creation of Zodia Custody has been tested with several large customers banks.

Initially, BTC and ETH can be stored in Zodia Custody, And the support of other cryptocurrencies will be added later. According to the last year's statement of companies, the service will provide storage services at least XRP, LTC и BCH.

Information about that, that SC Ventures is developing a caste, appeared last summer. However, then it was not reported, that North Trust takes part in the development.