Algoz Collaborates with Zodia Custody to Strengthen Crypto Asset Management

Thursday, 8 August 2024, 13:00

Algoz, a prominent crypto asset management firm, is set to enhance its investment security by partnering with Zodia Custody, which is backed by Standard Chartered. Through Zodia's Interchange service, Algoz will implement off-venue settlement methods that are designed to minimize risks associated with liquidity and insolvency. This strategic move is aimed at promoting safer investing practices in the rapidly evolving cryptocurrency landscape.
CoinDesk
Algoz Collaborates with Zodia Custody to Strengthen Crypto Asset Management

Algoz and Zodia Custody Partnership

Algoz, a known name in the crypto asset management sector, has made a significant decision to partner with Zodia Custody.

Utilizing Zodia's Interchange Service

The collaboration will leverage Zodia's Interchange service to facilitate off-venue settlements. This move is intended to enhance the overall security of investments and mitigate potential risks.

Key Benefits of the Partnership

  • Improved Security: Utilizing Zodia's infrastructure to provide a safer investing environment.
  • Risk Mitigation: Strategies to address liquidity and insolvency risks.

Conclusion

This partnership marks a significant step forward for Algoz in fostering trusted crypto investment solutions.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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