In late October, Zodia Custody, a Standard Chartered-backed crypto custody firm announced its entrance to Hong Kong via CNBC, targeting the city’s institutional-grade digital asset custody market.
Hong Kong is the fourth market in Asia Pacific Apac it has entered after its expansion into Australia, Japan and Singapore.
In a conversation with FinanceAsia, Julian Sawyer, chief executive officer CEO at Zodia, cited a great institutional opportunity in the market, as well as a “regulatory roadmap”, where regulators actively engage with the industry and want to promote digital assets.
In June, the Securities and Futures Commission SFC launched its new licensing regime...
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