Zodia Custody and Securitize partner 26 November 2024US Reporter: Jack McRae
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Zodia Custody and Securitize have partnered, stating the aim of increasing support for institutions trading or using tokenised securities as collateral.
Zodia Custody will use Securitize’s technology to improve custody support for asset owners who hold digital assets tokenised by Securitize, including BlackRock USD Institutional Digital Liquidity Fund (BUIDL).
Additional support for BUIDL tokens seeks to offer greater safeguarding through Zodia Custody’s cold storage solution.
Carlos Domingo, co-founder and CEO of Securitize, says: “Tokenisation is rapidly reshaping the landscape of institutional finance, offering new opportunities for efficiency and investor access. Our partnership with Zodia Custody extends secure and compliant custody solutions to institutional investors, allowing them to access tokenised assets like BlackRock’s BUIDL.”
Julian Sawyer, CEO of Zodia Custody, adds: “BUIDL’s sharp rise and adoption easily shows the opportunities that tokenised assets can offer. More importantly, it also demonstrates the transformative potential that tokenisation presents institutions and digital asset-native businesses alike.”
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