BlockFills picks Zodia Custody to provide its customers digital asset market-access
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BlockFills picks Zodia Custody to provide its customers digital asset market-access 29 June 2023US Reporter: Jenna Lomax
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Technology provider BlockFills has chosen Zodia Custody to provide its customers with digital asset market access.
The partnership, equipping BlockFills with a connection to the FCA-registered digital asset custody platform, will designate BlockFills as a trusted component for institutions that may require regulated custody and higher levels of regulatory compliance.
As part of the mandate, Zodia Custody clients will have access to BlockFills’ digital asset technology and liquidity across spot, derivatives and credit markets.
Founded in 2018, BlockFills has more than 1100 institutional clients across 50 countries with 24/7 market-access.
Zodia Custody is a subsidiary of Standard Chartered, in association with Northern Trust, and is based in London.
Nick Hammer, co-founder and CEO of BlockFills, says: "Upper-echelon financial institutions, funds, and family offices have increasingly requested that BlockFills integrate with a UK-domiciled, FCA registered custody provider with cutting-edge technology. The formation of this relationship is our answer to our clients looking for a highly regulated and secure custody solution.”
Julian Sawyer, CEO of Zodia Custody, comments: “Through Zodia Custody, BlockFills’ customers will access cutting-edge, digital asset-native technology including cold-storage security with 24/7, instant availability alongside bank-level compliance and governance.
“The addition of a market participant of BlockFills’ pedigree will enhance our objective of encouraging the institutional adoption of digital asset markets.”
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