TechFlow reported on November 4 that, according to Bloomberg, Zodia Custody Ltd., the digital asset custody arm of Standard Chartered Bank, is in talks for a new round of financing. Julian Sawyer, CEO of Zodia Custody, revealed in an interview that the company plans to raise $50 million to support its geographic expansion and product line development. Sawyer said the firm is engaging with companies in the payments and tokenization sectors to seek potential funding support.
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