Standard Chartered to Provide Crypto Custody for 21Shares

According to Cointelegraph, Standard Chartered has announced that it will serve as the digital asset custodian for fund manager 21Shares, marking a significant move in the bank's involvement in the cryptocurrency sector. This decision suggests a potential shift from 21Shares' previous reliance on a crypto-native partner. The bank's global head of financing and securities services, Margaret Harwood-Jones, emphasized that this collaboration allows Standard Chartered to extend its expertise into the rapidly evolving digital asset ecosystem. Previously, 21Shares had partnered with Zodia Custody, a crypto-native custodian co-founded by Standard Chartered in 2020 source: https://www.binance.com/en/square/post/32865597576761?utm_source=BinanceNewsRSS