Zodia Custody has partnered with Securitize, a pacesetter in tokenizing real-world belongings.
The collaboration goals to boost help for institutional traders partaking with tokenized belongings, together with BlackRock’s USD Institutional Digital Liquidity Fund — BUIDL. Zodia Custody will use Securitize’s expertise to broaden its custody providers for institutional shoppers holding tokenized belongings, in response to an organization announcement.
Zodia’s custody answer contains safe chilly storage, guaranteeing shopper belongings are segregated and compliant with regulatory requirements. That is particularly necessary for institutional traders who prioritize the security of their holdings within the evolving digital asset market.
Zodia Custody, primarily based in London, is a digital asset custodian supported by main monetary establishments, together with Normal Chartered, Northern Belief, and SBI Holdings.
Tokenization accessibility
Tokenization includes changing bodily belongings like actual property, shares, or funds into digital tokens saved on a blockchain. These tokens signify possession and will be traded or managed extra effectively than conventional monetary devices.
This course of is gaining traction as a result of its value effectivity and elevated accessibility for traders. For example, BUIDL has already attracted $530 million in belongings beneath administration since its launch in March 2024.
The marketplace for tokenized real-world belongings is projected to surpass the $4.5 trillion cryptocurrency market capitalization by 2028. Whereas USD stablecoins presently dominate tokenization use circumstances, new merchandise linked to belongings like debt and actual property are rising.
Zodia CEO Julian Sawyer emphasised the partnership’s significance, stating: “BUIDL’s growth demonstrates the opportunities in tokenized assets and their transformative potential for both traditional finance and digital-native businesses.”
