A unit of Standard Chartered Bank has launched an asset protection service to protect it from the failure of a trading platform

BlockBeats: On December 7th, London-based cryptocurrency custodian Zodia Custody launched an asset protection service. This new service, called Interchange, will enable customers to keep their assets in Custody at Zodia, It is then mirrored to a trading platform for trading. Zodia Custody is a subsidiary of British investment bank Standard Chartered and is backed by Northern Trust.