Crypto Arm of Standard Chartered Is Launching a Staking Service



Zodia Custody, the crypto-focused subsidiary of Standard Chartered, has partnered with OpenEden to offer its clients the ability to earn yield on their crypto holdings. The service, called "Zodia Custody Yield," allows institutional investors to access off-chain yield potential for their on-chain assets while maintaining the security of Zodia Custody's platform. This move comes as European firms, such as Boerse Stuttgart Group, are also entering the staking sector to meet the increasing demand from institutional investors
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