Zodia Custody enters strategic partnership with Maple Finance

London, UK — July 9 2024 — Zodia Custody, a leading institution-first digital asset custodian whose shareholders include Standard Chartered, SBI Holdings, Northern Trust, and National Australia Bank has partnered with Maple Finance, an innovative leader in the digital asset lending and borrowing space.

The partnership sees Maple Finance utilising Zodia Custody as a preferred custodian for global lending arrangements. Collateral pledged to Maple Finance will be securely held by Zodia Custody, allowing its customers to unlock value from their digital assets while remaining within the Zodia Custody ecosystem.

The partnership will also see Zodia Custody wallets support the Maple token, while addressing the need to maximise returns in alternative stores of value — something increasingly required by institutions operating in high-interest environments around the world.

“In partnering with Zodia Custody, we aren’t just setting the tone for institutional adoption — we’re setting the standard.” Ryan O’Shea Head of Operations of Maple Finance. “Together we are advancing the infrastructure and cultivating the borrowing and lending solutions institutions need to bring more assets on-chain, with more security, more options, and more transparency.”

The partnership represents further optionality and diversity of choice for customers to connect with vetted partners. It cements Zodia Custody’s commitment to drive the maturation of the digital asset ecosystem by collaborating with industry leaders and offering innovative solutions that focus on regulatory compliance, risk management, and security.

“For investors, maximising returns is paramount — but so is security,” says Julian Sawyer, CEO of Zodia Custody. “The team at Maple Finance share our vision of unlocking the potential of digital assets not by disrupting the market, but by systemically bridging the gaps between traditional and decentralised finance. Our heritage means we’re drawing from our expertise in both, and directly responding to investors’ needs globally.”

The partnership is expected to lead to further integrations, which will further diversify Zodia Custody’s broader yield oering to institutional investors, and build on the partnership with Singapore-based OpenEden, announced in 2023. The integration is targeted to go live by early Q3. In the interim, Zodia Custody clients can leverage the partnership with Maple Finance to scale their digital asset business with flexible, cost-effective debt capital by contacting their local representative.