Standard Chartered-Backed Crypto Custody Firm Zodia Custody Ends Japan Joint Venture with SBI

Two years after its launch, Zodia Custody, a digital asset storage company backed by Standard Chartered Bank, has reconsidered its joint venture with SBI Holdings Inc. in Japan. Julian Sawyer, CEO of Zodia Custody, stated: "This was a strategic consensus between SBI and us and a mutual decision. We each have other priorities, and they have other priorities as well."