National Bank of Abu Dhabi invests in Zodia Custody, a crypto custody company under Standard Chartered Bank.

According to Asset Servicing Times, Emirates NBD has invested in Zodia Custody, a crypto custody company under Standard Chartered Bank, through its innovation fund (the bank's corporate venture capital fund). This investment marks the company's ambition to expand its presence in crypto and digital asset products in the region. By investing in Zodia Custody, the bank aims to bridge the gap between traditional financial services in the UAE and institutional digital assets.