Standard Chartered to Expand Crypto Services in Ireland: Report
Main page News, Banking, UK

Standard Chartered's cryptocurrency-focused brokerage firm Zodia Custody wants to expand its services to institutional investors in Ireland, according to Irish Independent. The custodian was established late last year by the British bank’s Ventures arm.

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The bank reportedly plans to target institutional investors for managing investments in such cryptocurrencies as bitcoin (EXANTE: Bitcoin) and ether (ETH). As iHodl earlier reported, the custodian also planned to offer services for litecoin (LTC), bitcoin cash (BCH) and XRP. However, it remains unclear if XRP is still on the list after the SEC's lawsuit.

Standard Chartered: Widespread of Cryptocurrencies is 'Absolutely Inevitable'

As Alex Manson, the Head of SC Ventures, earlier said, approximately 20 institutions have already expressed interest in the custodial solution.

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