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 1. Home →
 2. Digital assets news →
 3. Emirates NBD invests in Zodia Cusody

Digital assets news



MORE DIGITAL ASSETS NEWS




BITGET SECURES BSP LICENSE FROM EL SALVADOR’S CENTRAL BANK


16 December 2024 US
Reporter: Klea Neza



COPPER PARTNERS WITH ASTRO


16 December 2024 US
Reporter: Clelia Frondaroli



BNP PARIBAS SUCCEEDS IN DLT SETTLEMENT SOLUTIONS TEST


13 December 2024 US
Reporter: Clelia Frondaroli



IX SWAP JOINS FORCES WITH CLEARPOOL


11 December 2024 US
Reporter: Clelia Frondaroli



EDX MARKETS ONBOARDS EVENTUS' VALIDUS TRADE SURVEILLANCE PLATFORM


10 December 2024 US
Reporter: Clelia Frondaroli



ZODIA CUSTODY EXPANDS STAKING OPTIONS WITH FIGMENT


10 December 2024 UK
Reporter: Jack McRae



GFO-X ENTERS INTO MULTI-FIRM PARTNERSHIP AHEAD OF LAUNCH


09 December 2024 UK
Reporter: Clelia Frondaroli



FV BANK EXPANDS STABLECOIN INTEGRATION INTO TRADFI


06 December 2024 Puerto Rico
Reporter: Klea Neza



EMIRATES NBD INVESTS IN ZODIA CUSODY


12 December 2024 UAE
Reporter: Clelia Frondaroli



Image: TTstudio/stock.adobe.com


Emirates NBD has invested in Zodia Custody through its Innovation Fund, the
bank’s corporate venture fund.

The investment marks the firm’s ambitions to expand its crypto and digital asset
offerings in the region. By investing in Zodia Custody, the bank aims to bridge
the gap between traditional financial services and institutional digital assets
in the UAE.

As cryptocurrency adoption rates rise across the Middle East, the company says
that this collaboration also highlights the first of many in the digital asset
and custody industry.

Marwan Hadi, group head of retail banking and wealth management at Emirates NBD,
comments: “Our investment is significant in light of the UAE’s progressive
approach to digital asset regulation and its ambition to become a global
innovation and technology hub.”

Julian Sawyer, CEO of Zodia Custody, states: “As the fifth bank to cast a vote
of confidence in our proposition, we are beyond grateful to Emirates NBD for
placing their trust in us. This investment is a monumental step forward, paving
the way for Zodia Custody to become a leading player globally.”

← Previous digital assets article

BNP Paribas succeeds in DLT settlement solutions test
Next digital assets article →

IX Swap joins forces with Clearpool

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