WazirX appoints Zodia Custody as custodian ahead of operations restart

March 17, 2025: Zodia Custody, a leading institution-first digital asset platform whose shareholders include Standard Chartered, Northern Trust, SBI Holdings, National Australia Bank (NAB), and Emirates NBD, has been appointed as WazirX’s custodian ahead of the exchange’s restart.

Zane Suren, Managing Director, Commercial, MEA at Zodia Custody, shared, “Zodia Custody is proud to partner with WazirX for their much-anticipated relaunch. Providing our knowledge of supporting institutional clients and commitment to a compliance-first approach, we will empower WazirX and its users to seamlessly engage with digital assets in a way that protects their capital and complies with local regulation.”

“As WazirX gears up to revive its momentum, the need for trusted partners who share our commitment to an agile and secure asset management system, combined with dependable insurance coverage, becomes urgent. We want to ensure we partner with the very best of the industry’s custody providing solutions to build trust and confidence.”, said WazirX co-founder Nischal Shetty.

Zodia Custody is trusted by major financial institutions, government bodies, crypto service providers and hedge funds across global markets. The platform is certified with SOC 1 Type I and SOC 1 Type II accreditations, which are marks of effectiveness in financial reporting, and the designs in place to achieve the same. There are also clear distinctions between assets held for various clients with no co-mingling of any two client assets.