Zodia Custody, a crypto-security firm owned by multinational bank Standard Chartered, has set its sights on the Asia-Pacific region, beginning with a launch in Hong Kong. This development, according to CNBC, marks a significant extension for the firm.

CEO Julian Sawyer points out that Hong Kong presents an environment where institutional demand for crypto services prevails over retail interest, aligning with Zodia’s client profile.

Zodia’s Asia-Pacific Expansion And Focus

In a quest to cement its presence in the Asia-Pacific, Zodia Custody has been on an expansion trail. Following forays into Japan, Singapore, and Australia, Hong Kong represents the latest and final destination in Zodia’s current regional roadmap, according to CEO Julian Sawyer.

Sawyer noted the company’s observation of a clear desire among clients across these markets to engage with digital assets. The CEO stated:

What we’re seeing is there are absolutely clients in all of those four markets who want to do things. We also see a lot of other clients and prospects outside those four jurisdictions that want to come in on the institutional side.

Furthermore, according to CNBC, Zodia is initiating its services by

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Author: Samuel Edyme

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