Standard Chartered's Crypto Trading Platform Zodia Markets Completes $18.25M Funding Round

According to Bloomberg, Standard Chartered's crypto trading platform Zodia Markets has completed a $18.25M funding round led by Pharsalus Capital, with participation from Circle Ventures, Token Bay Capital, XVC Tech, and others. Following the financing, Standard Chartered's shareholding ratio decreased from 84% to approximately 60%. Zodia Markets focuses on providing compliant digital asset trading services to institutions. [Foresight News]