Cambridge, MA, United States, July 2nd, 2024,
FinanceWire
Zodia Custody, a leading institution-first digital asset
custodian backed by Standard Chartered, SBI Holdings, Northern
Trust, and National Australia Bank, has partnered with Metrika, an
industry-leading risk management platform for digital assets.
As digital assets and blockchain technology see wider adoption,
addressing and managing associated risks becomes increasingly
critical. Metrika helps financial institutions navigate the
complexities of blockchain technology by incorporating traditional
finance risk management concepts and adapting them to the unique
characteristics of digital assets. Metrika’s platform automates
risk assessment and compliance processes, streamlining operations
and allowing teams to focus on strategic priorities. With robust
risk management frameworks and continuous monitoring in place,
institutions can showcase their dedication to risk mitigation and
compliance, earning trust and credibility from stakeholders.
“Collaborating with a like-minded partner such as
Metrika is the natural next step for us, and for bettering the risk
management capabilities of the digital asset industry,” said Anoosh
Arevshatian, Chief Risk Officer of Zodia Custody. “Our collective
breadth and depth of shared expertise on security, compliance and
risk management will deliver a powerful advantage for institutions
looking to enter and participate in the space – now with the added
reassurance and peace of mind of working with institutional-grade
standards.”
“Metrika is excited to partner with Zodia Custody,
leveraging their unparalleled expertise in secure digital asset
storage and management. This collaboration underscores our shared
commitment to providing best-in-class risk management for digital
assets,” said Nikos Andrikogiannopoulos, Founder & CEO of
Metrika. “Zodia Custody’s industry-leading custody infrastructure,
combined with Metrika’s continuous risk monitoring and effective
management, significantly enhances the value proposition for
institutional clients.”
Both Metrika and Zodia Custody will discuss their partnership
and the future of digital asset risk management at the Point Zero
Forum workshop session on “Navigating the Future of Digital Asset
Risk Management” on July 2 in Zurich, Switzerland. The workshop
will explore the complexities of managing risks associated with
digital assets, regulatory trends, technological advancements
including AI, and industry best practices.
About Zodia Custody
Zodia Custody is the leading institution-first digital asset
custodian by Standard Chartered, in association with Northern
Trust, SBI Holdings and National Australia Bank. It enables
institutional investors around the globe to realise the full
potential of the digital asset future – simply, safely, and without
compromise. Through the combination of leading technology, custody,
governance and compliance, Zodia Custody satisfies the complex
needs of institutional investors.
Zodia Custody implements the requirements of the 5AMLD and
applies the same standards as Standard Chartered relating to AML,
FCC, and KYC. It implements the requirements of the FATF Travel
Rule. Zodia Custody Limited is registered in the UK with the FCA as
a crypto asset business under the Money Laundering, Terrorist
Financing and Transfer of Funds Regulations 2017. Zodia Custody
(Ireland) Limited is registered with the Central Bank of Ireland as
a VASP under Criminal Justice (Money Laundering and Terrorist
Financing) Act 2010 (as amended). Zodia Custody (Ireland) Limited
was established in Ireland in August 2021. Zodia Custody Limited is
registered with the CSSF in Luxembourg as a Virtual Asset Service
Provider in accordance with article 7-1 (2) of the law dated 12
November 2004 on the fight against money laundering and terrorist
financing, as amended. Zodia Custody (Hong Kong) Limited is
registered with the Registry for Trust and Company Service Provider
with License Number TC009245 under the Anti-Money Laundering and
Counter-Terrorist Financing Ordinance (AMLO), Cap. 615 in respect
of its custodial activities in digital assets.
About Metrika
Metrika is the industry leader in blockchain risk management,
enabling proactive risk assessment and compliance across digital
asset services. Implement strategic risk frameworks, navigate
regulatory compliance, and protect operations with ongoing
monitoring and surveillance. Learn more: www.metrika.co
Contact
Rich
Went
rich@galliumventures.com