Cryptocurrency custody provider Zodia Custody launches new product to connect institutional accounts

ChainCatcher news, according to The Block, Zodia Custody, a subsidiary of Standard Chartered Bank and a cryptocurrency custody institution, has announced the launch of a new "network of networks" to connect different institutional crypto accounts.

The product, named "Interchange Connect," provides institutional investors with an easy way to transfer crypto assets between different accounts held at places like Metaco, Fireblocks, and Copper's ClearLoop, while settling trades over-the-counter.

The product will be available to customers in the first quarter of 2024, and Zodia plans to gradually introduce more networks in the future.