Zodia Custody successfully raises $36 million.
Zodia Custody, Customary Chartered’s crypto-focused subsidiary, has raised $36 million in a fundraising round. Analysts at the bank stated earlier this week that they believe the crypto winter is gone and that Bitcoin will reach the $100,000 milestone by next year.
At press time, the value of Bitcoin is $29,066, up more than 50% year to date. In 2021, Customary Chartered and Northern Belief, the asset servicing agency, introduced Zodia Custody.