---
title: "Standard Chartered signs agreement to acquire Zodia Custody"
description: "Standard Chartered has signed an agreement to buy digital asset custodian Zodia Custody and integrate its services into the bank's existing digital asset custody business, according to a statement from Zodia Custody reported by Bitcoin Magazine. Zodia said shareholders approved Standard Chartered's…"
language: en
canonical: "https://whycoinmoves.com/en/events/bitcoin-standard-chartered-signs-agreement-acquire-f7388faaa92594"
published: 2026-10-21T17:28:58.000Z
updated: 2026-10-22T17:28:58.000Z
indexable: false
---

# Standard Chartered signs agreement to acquire Zodia Custody

Standard Chartered has signed an agreement to buy digital asset custodian Zodia Custody and integrate its services into the bank's existing digital asset custody business, according to a statement from Zodia Custody reported by Bitcoin Magazine. Zodia said shareholders approved Standard Chartered's…

Attributed sources: [Bitcoin Magazine](<https://bitcoinmagazine.com/news/standard-chartered-to-buy-zodia-custodian>)

## Key facts

Standard Chartered has signed an agreement to buy digital asset custodian Zodia Custody and integrate its services into the bank's existing digital asset custody business, according to a statement from Zodia Custody reported by Bitcoin Magazine. Zodia said shareholders approved Standard Chartered's offer in May. The bank already offers crypto custody in the UAE, Luxembourg and Hong Kong and plans to offer it in Singapore.
Evidence strength: Single source, 1 publisher group(s) (Bitcoin Magazine); this describes source coverage, not truth or causation.
After site detection, observed returns were 5 minutes: +0.05% (21/10/2026, 17:28 → 21/10/2026, 17:33, UTC; Gate · USDT); 1 hour: +0.25% (21/10/2026, 17:28 → 21/10/2026, 18:28, UTC; Gate · USDT); 24 hours: -3.72% (21/10/2026, 17:28 → 22/10/2026, 17:28, UTC; Gate · USDT). Unlisted windows are unavailable.
In the preceding 30 days, the 99th percentile of absolute hourly returns was 1.23% (OKX · USDT; cutoff 21/10/2026, 17:28, UTC). This hourly baseline is not directly comparable with a minute move.

## Returns after site detection

| Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source |
| --- | --- | --- | --- | --- | --- |
| 5 minutes | +0.05% | +0.05% | 0.00 pp | 21/10/2026, 17:28 → 21/10/2026, 17:33 | Gate · USDT |
| 1 hour | +0.25% | +0.25% | 0.00 pp | 21/10/2026, 17:28 → 21/10/2026, 18:28 | Gate · USDT |
| 24 hours | -3.72% | -3.72% | 0.00 pp | 21/10/2026, 17:28 → 22/10/2026, 17:28 | Gate · USDT |

## Historical hourly baseline

| Metric | Value |
| --- | --- |
| Ready | true |
| Coverage | 100.0% (720/720) |
| Median absolute hourly return | 0.15% |
| 99th percentile of absolute hourly returns | 1.23% |
| BTC beta | 1.00 |
| Source / cutoff (UTC) | OKX · USDT / 21/10/2026, 17:28 |

## Claims and open questions

- Zodia Custody said in a statement on Wednesday that Standard Chartered will buy the company and integrate its services into Standard Chartered's existing digital asset custody activities, Bitcoin Magazine reported.
- Zodia Custody shareholders approved Standard Chartered's offer to buy the company in May, according to the report.
- Zodia Custody CEO Richard Clark said combining Zodia's expertise with Standard Chartered's global reach and banking platform will strengthen its digital asset custody offering for institutions.
- What price and other financial terms Standard Chartered agreed to pay for Zodia Custody?
- When the acquisition is expected to close, and whether it requires regulatory approvals?

## Source evidence

- [Standard Chartered Signs Agreement To Acquire Crypto Custodian Zodia Custody](<https://bitcoinmagazine.com/news/standard-chartered-to-buy-zodia-custodian>) — Bitcoin Magazine; published 21/10/2026, 17:28; received 21/10/2026, 17:28 (UTC).


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- [Full coin archive](<https://whycoinmoves.com/en/coins/bitcoin>)

## Research for this archive

- [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns](<https://whycoinmoves.com/en/research/hourly-returns-and-bitcoin-beta.md>)
- [Perpetual funding rates and annualized yield: a 2025 comparison](<https://whycoinmoves.com/en/research/funding-rates-versus-investor-returns.md>)
- [Bitcoin halving and bull markets: evidence from four halvings](<https://whycoinmoves.com/en/research/bitcoin-halving-and-market-cycles.md>)
- [Bittensor (TAO): Bitcoin beta, volatility and the AI crypto narrative](<https://whycoinmoves.com/en/research/tao-bitcoin-risk-and-ai-narrative.md>)

[Methods and limitations](<https://whycoinmoves.com/en/methodology>)
Publisher count is not independent evidence count. Price changes cannot verify news or prove causation.
