TechFlow news — Zodia Custody, a subsidiary of Standard Chartered Bank and cryptocurrency custodian, announced it will launch its services in Hong Kong.
Julian Sawyer, CEO of Zodia, said demand for cryptocurrencies in the Hong Kong market is being driven by institutional investors rather than retail investors.
Zodia is currently rolling out its expansion into Hong Kong in phases. It plans to offer limited crypto asset services to Hong Kong clients and is engaging with the Securities and Futures Commission of Hong Kong and the Hong Kong Monetary Authority regarding regulatory oversight in the financial hub.




