Zodia Custody enters Luxembourg
03 December 2024 Luxembourg
Image: Noppasinw/stock.adobe.com
Zodia Custody has established a new presence in Luxembourg to service the increased investor interest in digital assets across European markets.
The entity has been launched ahead of key regulations, namely the European Union’s Markets in Crypto-Assets Regulation (MiCAR), coming into force in the region. This was done to enable the custodian to better aid institutions and digital asset partners.
This will become the seventh territory that Zodia Custody currently serves, which the company says will further enhance its global presence. Luxembourg now joins the list of regions including Australia, Japan, Hong Kong and Singapore.
“As digital assets move from an alternative asset class and into the mainstream, we will be at the centre of the region’s blockchain innovation ecosystem, ensuring every institution in Luxembourg and across Europe can access secure and compliant solutions that maximise the opportunities digital assets offer,” comments Paul de Ruiter, chief compliance officer, Europe, at Zodia Custody.
Julian Sawyer, CEO of Zodia Custody, adds: “Combined with a strong talent pool, the Grand Duchy promises to be a key geography for our own growth — ensuring we can provide institutions on mainland Europe and beyond with access to the best possible solutions and services.”
The entity has been launched ahead of key regulations, namely the European Union’s Markets in Crypto-Assets Regulation (MiCAR), coming into force in the region. This was done to enable the custodian to better aid institutions and digital asset partners.
This will become the seventh territory that Zodia Custody currently serves, which the company says will further enhance its global presence. Luxembourg now joins the list of regions including Australia, Japan, Hong Kong and Singapore.
“As digital assets move from an alternative asset class and into the mainstream, we will be at the centre of the region’s blockchain innovation ecosystem, ensuring every institution in Luxembourg and across Europe can access secure and compliant solutions that maximise the opportunities digital assets offer,” comments Paul de Ruiter, chief compliance officer, Europe, at Zodia Custody.
Julian Sawyer, CEO of Zodia Custody, adds: “Combined with a strong talent pool, the Grand Duchy promises to be a key geography for our own growth — ensuring we can provide institutions on mainland Europe and beyond with access to the best possible solutions and services.”
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