Crypto custody provider Zodia Custody partners with OpenEden to provide institutional clients with returns on their cryptocurrency assets.

According to BlockBeats news on September 19th, Zodia Custody, a crypto custodian under Standard Chartered, has partnered with RWA startup OpenEden to offer institutional clients the opportunity to earn returns on their cryptocurrency assets for the first time. This collaboration aims to link the custody of digital assets with real-world yield opportunities and provide institutions with access to staking services. Julian Sawyer, CEO of Zodia Custody, stated in a press release that "there are many things in traditional finance that can be transferred to digital assets," and that the challenge is to bring benefits to the world in a secure, compliant, and regulatory-driven manner. This first-of-its-kind partnership with OpenEden is our approach to providing our clients with yield products.