Standard Chartered's crypto subsidiary to offer yield on crypto holdings

From kitco.com

Institutional investors who bank under Standard Chartered’s umbrella will soon be able to earn a yield on their crypto holdings as Zodia Custody, the bank’s crypto unit, is set to begin allowing high net-worth clients to access to its “Zodia Custoy Yield” platform for the first time. According to the announcement from Zodia Custody, the firm has partnered with OpenEden, a platform focused on bridging real-world assets into decentralized finance (DeFi) via tokenization, which will enable Zodia Custody clients to put their crypto assets to work earning a yield. “Institutional investors will now be able to ... (full story)