WazirX appoints Zodia Custody as custodian ahead of operations restart

Synopsis

WazirX appoints Zodia Custody as its official custodian for secure asset management ahead of its relaunch. The partnership ensures compliance and protection for users’ digital assets.

Crypto exchange WazirX has appointed Zodia Custody as its official custodian ahead of its operational restart. Zodia Custody, backed by major financial institutions including Standard Chartered, Northern Trust, and SBI Holdings, will provide secure asset management solutions for WazirX users.

Zane Suren, Managing Director, Commercial, MEA at Zodia Custody, stated, “Zodia Custody is proud to partner with WazirX for their much-anticipated relaunch. Providing our knowledge of supporting institutional clients and commitment to a compliance-first approach, we will empower WazirX and its users to seamlessly engage with digital assets in a way that protects their capital and complies with local regulation.”

WazirX co-founder Nischal Shetty emphasized the importance of working with reliable custody partners, stating, “As WazirX gears up to revive its momentum, the need for trusted partners who share our commitment to an agile and secure asset management system, combined with dependable insurance coverage, becomes urgent. We want to ensure we partner with the very best of the industry’s custody providing solutions to build trust and confidence.”

Crypto TrackerTOP COIN SETSNFT & Metaverse Tracker18.47% BuyWeb3 Tracker14.75% BuyAI Tracker10.14% BuyCrypto Blue Chip – 54.97% BuySmart Contract Tracker3.40% BuyTOP COINS (₹) BNB54,819 (5.17%)BuyXRP202 (1.75%)BuyEthereum165,313 (0.65%)BuyBitcoin7,210,056 (-0.05%)BuySolana11,044 (-1.1%)BuyZodia Custody is accredited with SOC 1 Type I and SOC 1 Type II certifications, ensuring financial reporting effectiveness and asset security. The platform maintains strict separation of client assets to prevent co-mingling.

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