Zodia Custody Partners with Maple Finance for Crypto Custody and Lending

Zodia Custody, a leading cryptocurrency safekeeping service with backing from financial giants Standard Chartered, SBI Holdings, Northern Trust, and National Australia Bank, has announced a strategic partnership with Maple Finance, a prominent crypto lending specialist.

As part of this collaboration, Maple Finance customers will have the option to pledge their collateral securely with Zodia Custody. This partnership enables users to access liquidity from their digital assets while benefiting from the secure ecosystem provided by Zodia Custody.

The resilience of Maple Finance during the challenges faced in 2022, including the FTX collapse, has positioned the platform as a trusted player in the crypto lending space. Now, with the support of Zodia Custody and its institutional affiliations, the integration of lending services with secure custody solutions marks a significant development for both companies.

Previously, Zodia Custody had formed a partnership with OpenEden based in Singapore in 2023. Additionally, one of Zodia’s backers, Standard Chartered, is gearing up to venture into spot trading of cryptocurrencies in the near future.

The joint initiative between Zodia Custody and Maple Finance is slated to be operational by early Q3, providing enhanced opportunities for crypto holders to manage their assets efficiently while tapping into the benefits of crypto lending services.