Share this article

Standard Chartered-Backed Zodia Custody Partners with Crypto Lending Firm Maple Finance

Under the agreement, collateral pledged to Maple Finance will be securely held by Zodia Custody

Updated Jul 9, 2024, 9:09 a.m. Published Jul 9, 2024, 9:07 a.m.
Sid Powell, CEO of Maple Finance (Maple Finance)
Sid Powell, CEO of Maple Finance (Maple Finance)

Zodia Custody, the cryptocurrency safekeeping service backed by Standard Chartered, SBI Holdings, Northern Trust, and National Australia Bank, has partnered with crypto lending specialist Maple Finance, the companies said on Tuesday.

Under the agreement, collateral pledged to Maple Finance will be securely held by Zodia Custody, allowing its customers to unlock value from their digital assets while remaining within the Zodia Custody ecosystem, according to a press release.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

Maple was one of the few crypto lending platforms safe and robust enough to weather the storms of 2022 and the collapse of FTX. It’s now interesting to see a platform like Zodia Custody, with its bank and institutional affiliations, edging closer to crypto lending.

The move by Zodia builds on its partnership with Singapore-based OpenEden, announced in 2023. Meanwhile, Zodia backer Standard Chartered plans to enter spot trading of crypto in the coming months.

The Zodia Custody/ Maple Finance integration is targeted to go live by early Q3, the companies said in a statement.

More For You

State of the Blockchain 2025

State of the Blockchain 16:9

L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.

What to know:

2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.

This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.

More For You

Coinbase agrees to buy The Clearing Company to deepen prediction markets push

Coinbase CEO Brian Armstrong speaking to House Speaker Mike Johnson on July 18, 2025. (Jesse Hamilton/CoinDesk)

The deal brings a team with specialized experience building event-based trading systems, including veterans from Polymarket and Kalshi.

What to know:

  • Coinbase is acquiring The Clearing Company, a startup with experience in prediction markets, to help grow its newly introduced platform.
  • The deal brings in a team with specialized experience building event-based trading systems, including veterans from Polymarket and Kalshi.
  • The acquisition is part of Coinbase's plan to become an "Everything Exchange", offering a wide range of trading options, including novel cryptocurrencies, perpetual futures contracts, stocks, and prediction markets.