21Shares partners with Zodia Custody
25 June 2024 UK
Image: abert84/stock.adobe.com
Zodia Custody has partnered with one of the largest exchange traded products (ETP) issuers, 21Shares, with an objective to provide custody services for physically-backed ETPs in Switzerland and the wider European market.
Through this partnership, 21Shares aims to provide an additional layer of security, protection, regulatory compliance and transparency to its physically-backed ETPs for its investors.
The companies say institutions using 21Shares for ETP investments will also benefit from cold-storage wallets, coupled with 24/7 instant access.
Julian Sawyer, CEO of Zodia Custody, comments: “We have partnered with true market leaders in the ETP digital asset space, 21Shares, to deliver a partnership that will have a real impact on the whole ecosystem — without any compromise on security, risk management, or compliance.”
Mandy Chiu, head of financial product development at 21Shares, says: “This collaboration marks a significant milestone in our commitment to providing top-tier investment opportunities for our clients. Zodia Custody’s industry-leading cold storage infrastructure and streamlined compliance solutions have enhanced our offerings, ensuring our investors benefit from the most advanced and diversified custodial services available.”
Through this partnership, 21Shares aims to provide an additional layer of security, protection, regulatory compliance and transparency to its physically-backed ETPs for its investors.
The companies say institutions using 21Shares for ETP investments will also benefit from cold-storage wallets, coupled with 24/7 instant access.
Julian Sawyer, CEO of Zodia Custody, comments: “We have partnered with true market leaders in the ETP digital asset space, 21Shares, to deliver a partnership that will have a real impact on the whole ecosystem — without any compromise on security, risk management, or compliance.”
Mandy Chiu, head of financial product development at 21Shares, says: “This collaboration marks a significant milestone in our commitment to providing top-tier investment opportunities for our clients. Zodia Custody’s industry-leading cold storage infrastructure and streamlined compliance solutions have enhanced our offerings, ensuring our investors benefit from the most advanced and diversified custodial services available.”
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