Zodia Custody launches new product that connects institutional accounts to simultaneously conduct OTC trade settlement

Standard Chartered-backed cryptocurrency custodian Zodia Custody today announced the launch of a new product that connects different institutional cryptocurrency accounts together. The product, called "Interchange Connect," offers institutional investors a way to easily transfer cryptocurrencies between different accounts at companies such as Metaco, Fireblocks and Copper's ClearLoop, while simultaneously settling OTC trades. It will be available to customers in the first quarter of 2024, and Zodia plans to bring more networks online in due course.

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