Every single bank will soon need to hold digital assets, says Zodia CEO Julian Sawyer
Zodia Custody CEO Julian Sawyer announced that every bank will soon need to hold digital assets as Standard Chartered prepares to fully acquire the firm. This acquisition reflects a broader trend where major banks are opting to purchase established crypto platforms for secure digital asset custody. Sawyer emphasized that the integration of digital assets into mainstream finance is accelerating, necessitating trust and technology from traditional banks.
- ▪Standard Chartered is set to fully acquire Zodia Custody by the end of August.
- ▪The deal signifies a shift where banks are moving away from in-house crypto experiments to acquiring established platforms.
- ▪Sawyer stated that every bank will need to know how to hold digital assets as the market for stablecoins and tokenization expands.
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| Original publisher | CoinDesk |
| Canonical URL | https://www.coindesk.com/business/2026/06/03/standard-chartered-buyout-of-zodia-custody-is-great-news-for-crypto-tech-adoption-ceo-says |
| Publication time | Wed, 03 Jun 2026 15:08:41 +0000 |
| Retrieval time | 2026-06-03T15:12:09.866Z |
| Last seen | 2026-06-03T15:12:09.866Z |
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Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
FinanceShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailEvery single bank will soon need to hold digital assets, says Zodia CEO Julian SawyerSawyer confirmed that Standard Chartered’s full acquisition of the firm is on track to target a signing at the end of June and complete by the end of August.By Olivier Acuna|Edited by Jamie Crawley Jun 3, 2026, 3:08 p.m. 3 min readMake preferred on Zodia Custody CEO Julian Sawyer says sale of his firm to a Tradfi entity is a huge win for the crypto industry.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at CoinDesk.
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