Zodia Custody Rolls out Service to Protect Client Assets from Exchange Insolvency

Crypto custodian Zodia Custody is rolling out a new service to protect client assets from exchange insolvency.

The new service, Interchange, will enable clients to keep assets through Zodia Custody and then mirror those holdings on an exchange, according to a company release. Zodia Custody's sister company, Zodia Markets, will leverage this service.

"Zodia Custody’s key principles have always evolved around asset safety, segregation between custody and trading, and the effective management of counterparty risk," said Maxime de Guillebon, CEO of Zodia Custody, in the release. "The difficulties crypto investors have endured over the last year have exacerbated how critical these principles are today. At Zodia Custody, we believe that such a solution, like Interchange, is not optional, but mandatory."