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Zodia Custody, the institutional-grade digital asset custodian backed by financial heavyweights such as Standard Chartered, Northern Trust, and SBI Holdings, has partnered with tokenization leader Securitize, according to an announcement on Tuesday.
This collaboration aims to bolster support for institutional investors leveraging tokenized securities, including BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), as collateral.
Zodia will integrate Securitize’s tokenization technology to enhance its custody infrastructure for digital assets, enabling secure, bank-grade cold storage solutions for tokenized securities.
“Tokenization is rapidly reshaping the landscape of institutional finance,” said Securitize CEO Carlos Domingo. “Our partnership with Zodia Custody extends secure and compliant custody solutions to institutional investors, allowing them to access tokenized assets like BlackRock’s BUIDL.”
Launched in March 2024, BlackRock’s BUIDL fund has amassed $530 million in assets under management as of October, underscoring the appetite for tokenized investments. Zodia CEO Julian Sawyer echoed this sentiment, emphasizing the transformative potential of tokenization in bridging traditional finance with digital-native systems.
Expanding Horizons: Zodia’s Strategic Partnerships in APAC
The partnership with Securitize builds on a series of recent announcements showcasing Zodia’s growing influence in Asia-Pacific and its commitment to serving institutional clients globally.
Zodia recently partnered with Singapore-based Raffles Family Office, integrating its bank-backed digital asset custody platform into Raffles’ Revo Digital Family Office ecosystem. This collaboration empowers ultra-high-net-worth clients to seamlessly incorporate digital assets into their portfolios.
““We aim to bridge the worlds of traditional wealth with digital innovation — but can only do so with the right infrastructure in place,” said Ray Tam, co-founder of Raffles Family Office, highlighting Zodia’s ability to merge institutional-grade security with digital asset capabilities.
Zodia also inked a deal with Singaporean trading firm QCP, which recently secured in-principal approval for a Major Payment Institution license in Singapore, integrating its Custody Gateway solution.
This tie-up allows QCP clients streamlined wallet access to Zodia’s secure digital asset ecosystem.
“Our integration with Zodia Custody enables us to set a new standard for excellence in the digital asset space, offering unparalleled security and innovative solutions tailored to the evolving needs of institutions like Raffles Family Office Group,” said Darius Sit, founder of QCP.
