According to a report by CoinDesk from Foresight News, crypto exchange Bybit announced a partnership with Zodia Custody to enhance security services for institutional clients. This collaboration means that users can trade on Bybit while their assets are still held by Zodia, thereby reducing exchange risks and preventing fund mixing. Zodia has received support from heavyweight traditional financial (TradFi) companies, including Standard Chartered Bank, and provides independent custody and over-the-counter settlement services.
Bybit and Zodia Custody Partner to Strengthen Security Services for Institutional Clients
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