Zodia Custody partners with Dfns for enhanced platform optionality

London, U.K. — 5 December 2024 — Zodia Custody, a leading institution-first digital asset custodian backed by Standard Chartered, SBI Holdings, Northern Trust and National Australia Bank, has partnered with Dfns, a wallet infrastructure platform chosen by leading fintechs and enterprises, to bring more optionality to Zodia Custody’s technology stack as it evolves to support the token coverage needs of its growing institutional client base.

The new partnership complements Zodia Custody’s existing best in breed platform, (utilizing air-gapped hardware security modules, ‘HSMs’, which are able to process transactions within seconds) and provides an alternative Multi-Party Computation (MPC) infrastructure that enables the custodian to accommodate a broader range of tokens and support new ones even more quickly.

“Zodia Custody’s partnership with Dfns adds another string to our bow, introducing MPC infrastructure to complement our existing robust HSM tech stack. We have been very impressed with their highly accomplished cryptographers as well as their top-notch security and engineering credentials. With this integration, we will be able to support more tokens, coins and chains for our clients, and faster too.” said James Harris, Chief Commercial Officer, at Zodia Custody. “With the dynamism of digital asset regulations globally, Dfns’ innovative technologies will contribute to a more secure and reliable digital asset ecosystem, benefiting both Zodia Custody’s clients and the broader industry.”

“We are thrilled to partner with Zodia Custody during this exciting time as they grow and diversify their offerings to clients.” said Clarisse Hagège, CEO & Founder, at Dfns. “For Zodia Custody, we are supporting a rapidly growing range of new assets, as an enhancement to its core custody platform. Our partnership with Zodia Custody is a testament to the solution that we have built to provide optionality, whilst ensuring safety and security for our clients in the digital asset space.”

Zodia Custody is building a foundation for the future that unlocks greater potential and more coins for its clients. All transactions will continue to comply with the custodian’s bank-grade obligations including financial crime checks, Travel Rule compliance and address whitelisting.