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Bybit and Zodia Custody Partner to Enhance Security Services for Institutional Clients
2025-04-03 11:59:47

Odaily News Cryptocurrency exchange Bybit, which suffered a $1.45 billion hack, announced that it has partnered with Zodia Custody to enhance its security services for institutional clients. Zodia Custody currently has the support of a number of heavyweight traditional financial (TradFi) companies such as Standard Chartered Bank, providing independent custody and over-the-counter settlement services. Users can trade on Bybit, and their assets will be held by Zodia, thereby reducing exchange risks and preventing funds from being mixed. (CoinDesk)