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July 28, 2025 – Zodia Markets Ltd., the digital asset trading platform backed by Standard Chartered PLC, today announced it has successfully raised $18.25 million in a new funding round. This significant investment will further enhance Zodia Markets' capabilities and expand its reach in the institutional digital asset trading landscape.
The funding round was led by New York-based venture capital firm Pharsalus Capital, with strong participation from a diverse group of investors including Circle Ventures, The Operating Group, XVC Tech, Token Bay Capital, and Human Capital. This strategic infusion of capital underscores growing investor confidence in Zodia Markets' vision and its role in providing secure and compliant digital asset trading solutions for institutional clients.
The investment round will result in a reduction of Standard Chartered PLC’s stake in Zodia Markets, reflecting the platform’s increasing independence and broader investor base.
Zodia Markets operates alongside Zodia Custody Ltd., Standard Chartered’s institutional-grade digital asset custody unit. Zodia Custody previously secured $36 million in new funding in April 2023, led by Japan’s SBI Holdings, with Standard Chartered remaining the majority owner of the custody business. This dual approach allows the Standard Chartered crypto ecosystem to offer a comprehensive suite of services, from secure custody to efficient trading.
"This successful funding round for Zodia Markets is a testament to the strong demand for regulated, institutional-grade digital asset trading solutions," said a spokesperson for Zodia Markets. "The capital will enable us to accelerate our product development, expand our market presence, and continue to deliver the robust infrastructure our clients expect in this rapidly evolving space."
About Zodia Markets:
Zodia Markets is a digital asset trading platform for institutional clients, offering a secure and compliant venue for trading cryptocurrencies. It is part of the broader Zodia ecosystem, which aims to bridge traditional finance with the digital asset world.About Zodia Custody:
Zodia Custody is an institutional-grade crypto asset custodian, providing secure and compliant digital asset custody solutions for institutions and corporate investors. Backed by Standard Chartered, Zodia Custody offers a suite of products including its core custody service, Interchange (for off-venue settlement), and Gateway (an ecosystem of trusted services). Zodia Custody is committed to regulatory compliance, robust security, and ecosystem assurance.About Standard Chartered:
Standard Chartered PLC is a leading international banking group, with a presence in 53 of the world’s most dynamic markets and serving clients in a further 64. Its purpose is to drive commerce and prosperity through its unique diversity, and its heritage and values are expressed in its brand promise, here for good.
Compiled by CMO Intern team
