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Zodia Custody Gets European License For Payments
The firm gets authority in Luxembourg and is adding to its digital payment and stablecoin licenses to operate across European countries.
Stablecoin and digital asset firms are adding more licenses (Felicia Varzari / Unsplash)
Zodia Custody receives an EU payment license.
Zodia Custody has officially received an approval from the CCSF (Commission de Surveillance du Secteur Financier) in Luxembourg.
This will allow the company to continue scaling its Zodia Solutions, specifically for clients wishing to receive stablecoin-related services, including stablecoin custody and transfers.
The company currently operates across 15 different regions and is also registered in the UK by the FCA (Financial Conduct Authority) and in the Hong Kong Companies Registry. Other solutions include institutional staking and specialist digital asset insurance.
Recently, Zodia Custody was in the headlines for being in acquisition talks by its early supporter and banking partner Standard Chartered.
With many banks choosing whether to buy, build, partner, over the next few months more top digital asset platforms will be the prime acquisition targets to integrate their custom infrastructure and regional licenses.
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