Banking's Digital Asset Inflection Point: Why Institutional Custody Is Now a Strategic Imperative
Standard Chartered's full acquisition of Zodia Custody signals a tectonic shift in institutional finance, as major banks pivot from crypto skepticism to infrastructure ownership. Zodia CEO Julian Sawyer's assertion that every bank will eventually hold digital assets reframes custody not as a fringe service but as a core banking capability. This consolidation moment marks the beginning of a regulated, bank-grade digital asset era.