PANews reported on June 19 that according to CoinDesk, NAB Ventures, the venture capital arm of the National Australia Bank (NAB), recently invested in Zodia Custody, a custody service company focused on cryptocurrencies. The size of the investment was not disclosed. Zodia Custody was co-founded by Standard Chartered and Northern Trust to provide institutional investors with secure digital asset custody services. Zodia Custody will start operations in Australia at the end of 2023, and Zodia Custody is ready to become the preferred custodian for digital asset ETF applicants awaiting approval from the Australian Securities Exchange.