Emirates NBD recently invested in Zodia Custody, a crypto custody company under Standard Chartered Bank, through its Innovation Fund! 🎉This investment aims to narrow the gap between traditional financial services and institutional digital assets in the UAE. Such a move shows the interest and confidence of traditional banks in the field of digital assets.
As a crypto custody company, Zodia Custody will bring more security and convenience to the UAE's financial market. 🔗This may also pave the way for other traditional financial institutions to enter the crypto market. Overall, this cooperation may promote the further development of crypto assets in the Middle East. 📈