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Industry news

Zodia Custody partners with Maple Finance


09 July 2024 UK
Reporter: Klea Neza

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Image: hobbitfoot/stock.adobe.com
Zodia Custody has collaborated with Maple Finance, an innovative leader in the digital asset lending and borrowing space.

Through this partnership, the companies say that Maple Finance will utilise Zodia Custody as a preferred custodian for global lending arrangements.

Collateral pledged to Maple Finance aims to be securely held by Zodia Custody, allowing its customers to unlock value from their digital assets while remaining within the Zodia Custody ecosystem.

The collaboration will also see Zodia Custody wallets support the Maple token, while addressing the need to maximise returns in alternative stores of value, say the companies.

Ryan O’Shea head of Operations at Maple Finance, comments: “In partnering with Zodia Custody, we aren’t just setting the tone for institutional adoption — we’re setting the standard.”

He adds: “Together we are advancing the infrastructure and cultivating the borrowing and lending solutions institutions need to bring more assets on-chain, with more security, more options, and more transparency.”

Julian Sawyer, CEO of Zodia Custody, says: “The team at Maple Finance share our vision of unlocking the potential of digital assets not by disrupting the market, but by systemically bridging the gaps between traditional and decentralised finance. Our heritage means we’re drawing from our expertise in both, and directly responding to investors' needs globally.”
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