Zodia Custody launches Unified Wallets 16 October 2024UK Reporter: Jack McRae
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Zodia Custody has launched Unified Wallets, a new feature to bolster its custody solution.
The new feature provides institutional digital asset and fund managers the optionality to pool funds from their own customers.
Alongside the launch, Zodia Custody has also partnered with Galaxy Digital. Galaxy will use Zodia Custody as one of its custodial partners to support its trading operations.
Galaxy, a global provider of financial and investment management services for the digital asset space, is the first Zodia Custody client to go live with Unified Wallets.
Julian Sawyer, CEO of Zodia Custody, says: “By combining the flexibility of omnibus wallets with the security of segregated assets, we are putting forward a compelling proposition, making us best placed to support clients like Galaxy in their efforts to optimise digital asset operations.
“Through Unified Wallets, we offer unprecedented cost savings, streamlined operations, a comprehensive portfolio-management view and unparalleled security”.
Andrew Taubman, deputy chief operations officer at Galaxy, adds: “Zodia Custody’s innovative approach not only enhances our ability to manage digital assets efficiently but also promotes confidence and scalability across our trading operations."
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