TechFlow News — Zodia Custody, a digital asset custody service provider, announced a collaboration with Metaco, the technology company under Ripple Labs. This partnership aims to build a comprehensive global network for institutional investors, enhancing access to Zodia Custody’s bank-grade custody solutions through the Metaco platform. The collaboration strengthens global digital asset infrastructure, particularly in connectivity with Layer 0 and Layer 1 blockchains, establishing a robust settlement network.
This partnership is part of Zodia Custody’s commitment to becoming the most interconnected custodian within the digital asset ecosystem, with plans to launch its own network in the fourth quarter of 2023.
Metaco is a digital asset infrastructure provider backed by Standard Chartered Bank, SBI Holdings, and Northern Trust. Institutions within the Metaco network will gain additional security, risk management, and solvency protection through Zodia Custody’s Interchange service.
