TechFlow reports that Zodia Custody, a subsidiary of Standard Chartered Bank and cryptocurrency custodian, has launched a new initiative called "Interchange Connect" designed to connect institutional investors' cryptocurrency account networks.
The product will enable institutional investors to easily transfer cryptocurrencies between accounts on platforms such as Metaco, Fireblocks, and Copper's ClearLoop, facilitating over-the-counter transactions.
The service is scheduled to be available to clients in the first quarter of 2024, with plans to gradually add access to more networks.
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