Zodia Custody’s Interchange solution will offer Bybit’s institutional clients independent custody and off-venue settlement to support secure institutional trading.
Zodia Custody, the institution-first digital assets platform backed by Standard Chartered, Northern Trust, SBI Holdings, National Australia Bank, and Emirates NBD, and Bybit, the world’s second-largest cryptocurrency exchange by trading volume, have joined forces to bring secure, segregated custody and off-venue settlement to Bybit’s institutional clients.
Financial Technology Insights: SBI Digital Markets, UBS, Chainlink Complete Pilot for Smart Contract Fund Admin
In engaging with digital assets, institutional investors require the assurances of regulatory compliance and robust security measures to protect their capital. Amid heightened industry scrutiny, there is a corresponding demand for credible infrastructure that addresses the potential weaknesses of on-exchange settlement, including centralised control and counterparty risk.
Zodia Custody’s Interchange solution addresses these security concerns by providing independent asset custody via regulatory-grade infrastructure. Through Interchange, institutional users can deploy capital for immediate trading on Bybit while their assets remain securely held with Zodia Custody – ensuring full segregation, no co-mingling, and significantly reduced exposure to exchange-side risks. This design neutralises counterparty risk and removes the need to pre-fund exchange accounts, enhancing both capital efficiency and operational integrity.
Financial Technology Insights: Paxos to Acquire Finnish E-Money Institution Membrane Finance
This partnership elevates security and compliance standards across the digital asset trading space, offering institutional clients access to Bybit’s best-in-class trading infrastructure with the safety of Zodia Custody’s off-venue settlement.
Julian Sawyer, CEO of Zodia Custody, commented: “Institutional clients need more than speed – they need to know their assets are held securely, off-exchange, and fully under their control. As leading players in the industry, Zodia Custody and Bybit have a shared responsibility to provide tailor-made solutions to increase security and protect capital for the institutions that use our services. That’s what we’re delivering through this partnership. With Interchange, we’re enabling Bybit’s clients to access trading liquidity without compromising on custody standards, counterparty risk, or capital efficiency. It’s custody and settlement built for institutions, not retrofitted for crypto.”
Shunyet Jan, Head of Institutional and Derivatives at Bybit, added: “At Bybit, our mission is to provide institutional-grade solutions that meet the evolving needs of sophisticated investors. Our partnership with Zodia Custody underscores our dedication to compliance, security, and innovation in the digital asset space. Zodia Custody’s reputation as a trusted, highly regulated custodian makes it the ideal partner to safeguard our clients’ assets while enhancing capital efficiency. Together, we are setting new standards for the institutional adoption of digital assets.”
Financial Technology Insights: Paxos to Acquire Finnish E-Money Institution Membrane Finance
Certified under SOC 1 Type I and II and built for institutions from the ground up, Zodia Custody serves regulated financial institutions, government bodies, crypto platforms, and hedge funds across specific global markets – delivering trust, transparency, and uncompromising security at scale.
This partnership marks a decisive shift toward secure, compliant infrastructure in crypto markets – one where institutions can finally move at speed, without sacrificing safety.
To participate in our interviews, please write to our CyberTech Media Room at news@intentamplify.com
source – businesswire
