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Zodia Custody has expanded its partnership with Metaco, enabling institutions to access its bank-grade custody solutions through integration with the Metaco network.
The companies aim to further build out networked options for institutional investors, allowing them to gain additional secure, reliable and compliant end-to-end digital asset service capabilities.
The partnership also strengthens global digital asset infrastructure by improving connectivity to the foundational layers 0 and 1 blockchains, creating a robust settlement network built on distributed ledgers.
Using the Metaco network’s interoperability standards, institutional clients are able to access and govern interactions with various value-added service providers. This allows for better choice in how they execute their digital asset strategy across jurisdictions and asset classes, the company says.
James Harris, chief commercial officer at Zodia Custody, says: “Combining our forces on this institutional network is an important step on the way to building truly rigorous digital asset infrastructure, globally.
“We are focused on expanding the options available to our clients via our financial network, therefore ensuring Zodia Custody can become a truly comprehensive digital asset solutions provider.”
Adrien Treccani, founder and CEO of Metaco, comments: “As the industry undergoes a pivotal transformation, our networked infrastructure is dedicated to standardise, govern and connect institutional digital asset flows — an essential step in forging use cases that transcend individual companies.
“We are committed to providing interoperable, open infrastructure that enables institutions to create innovative, value-added services, thereby establishing the benchmark for the future of digital asset ecosystems.”
