Jacobi Asset Management selects Zodia Custody for Bitcoin ETF
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Jacobi Asset Management selects Zodia Custody for Bitcoin ETF 01 October 2024UK Reporter: Jack McRae
Image: stock.adobe.com/Parilov
Zodia Custody has been chosen to provide custody services by Jacobi Asset Management for its spot Bitcoin exchange traded fund (ETF).
The digital asset custodian has taken over custodial services for the ETF’s infrastructure from Fidelity Digital Assets.
The Jacobi FT Wilshire Bitcoin ETF is the first spot Bitcoin ETF to be listed on Euronext Amsterdam and is regulated by the Guernsey Financial Services Commission.
Martin Bednall, CEO of Jacobi Asset Management, says: “Zodia Custody meets [the ETF’s] needs precisely — their rigorous and innovative approach to custody is exactly what we and our investors need. We look forward to evolving the digital asset ecosystem together, long term, and providing greater outcomes for institutional digital asset investors.”
Julian Sawyer, CEO of Zodia Custody, adds: "We are delighted to be working with Jacobi Asset Management to provide unmatched security, risk management, and compliance for Jacobi’s FT Wilshire Bitcoin ETF.”
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