November 21, 2024 Sinowin Holdings (Nasdaq: SWIN), a leading financial services company providing traditional and virtual asset solutions to high net worth and institutional investors, today announced a strategic partnership with Zodia Custody . Zodia Custody, a leading institutional-focused digital asset custodian led by Standard Chartered Bank, has been selected by Nasdaq as the new core custodian for its cryptocurrency index suite to strengthen Hong Kong’s digital asset ecosystem. This cooperation aims to provide Huaying's customers with safe, bank-level and compliance-compliant custody services.
Zodia Custody will become one of Huaying's multiple hosting providers, providing Huaying's diverse customer base with more choices and further enriching their digital experience with its additional layers of security, controls and bank-grade compliance. Asset custody options. In addition, Huaying and Zodia Custody will jointly explore opportunities to combine the parties' vast resources and global regulatory licensing frameworks, both existing and future, to maximize synergies and capture growing investor demand in the region. All products and services are subject to necessary regulatory approvals.
Lin Junjie, Web3 partner of Huaying, said: "Cooperating with Zodia Custody not only enables us to enrich our service content and meet the increasingly diverse needs of our customers, but also contributes to the development of Hong Kong's digital asset ecosystem through completely independent wallet technology. Zodia Custody Providing Huaying with solutions including wallet management, asset protection and bank-level compliance allows our global investors to tap into the future potential of digital assets simply, safely and securely.”
Richard Clark, chief revenue officer of Zodia Custody, added: “With its deep expertise in financial product development and deep insights into the local market, Huaying occupies a pivotal position in Hong Kong’s digital asset ecosystem; both of us Committed to innovation and strict regulatory compliance, we look forward to working closely with Huaying to strengthen Hong Kong’s digital asset ecosystem.”
About Huaying Holdings
Sinowin Holdings (Nasdaq: SWIN) is a Hong Kong-based financial services company that provides comprehensive one-stop solutions to high net worth and institutional investors around the world. Huaying's products cover traditional and virtual assets, including investment banking, wealth management, asset management and Web3, aiming to support the needs of the new generation of investors. Huaying Securities, a wholly-owned subsidiary of Huaying, is one of the first regulated virtual asset service providers in Hong Kong. Its advanced electronic platform, Solomon VA+, is Hong Kong's first all-in-one application that integrates traditional and virtual asset trading with wealth management services.
For more information, please visit the company’s official website at https://solowin.io or investor relations website at https://ir.solowin.io
About Zodia Custody
Zodia Custody is a leading institutional-grade digital asset custody company led by Standard Chartered Bank in partnership with Northern Trust, SBI Holdings and National Australia Bank. It enables institutional investors around the world to tap into the future potential of digital assets simply, safely and securely. By combining leading technology, custody, governance and compliance, Zodia Custody meets the complex needs of institutional investors.