Zodia Custody and Maple Finance Forge Strategic Partnership to Elevate Institutional Digital Asset Services

In a noteworthy development for the digital asset industry, Zodia Custody, a leading institution-first digital asset custodian, has joined forces with Maple Finance, an innovative player in the digital asset lending and borrowing space. This partnership is set to redefine the landscape of crypto lending, bringing together the best of both worlds – traditional finance and decentralized finance (DeFi).

We're excited to announce a strategic partnership with @ZodiaCustody, a leading institution-first digital asset custodian to further progress Maple's goal to be the home of digital asset lending and borrowing in the space.

➡️ Read more here: https://t.co/ov2KpyMwEX

— Maple (@maplefinance) July 9, 2024

The partnership, announced on Tuesday in a press release, brings together two industry leaders to enhance the security, accessibility, and yield potential of digital assets for institutional clients.

Preferred Custodian for Global Lending Arrangements

Zodia Custody Limited (“Zodia Custody”), backed by renowned shareholders including Standard Chartered, SBI Holdings, Northern Trust, and National Australia Bank, will serve as Maple Finance’s preferred custodian for global lending arrangements. Essentially, collateral pledged to Maple Finance will be securely held by Zodia Custody, allowing clients to unlock value from their digital assets while maintaining a robust custody ecosystem.

We’re excited to announce our partnership with @maplefinance , an innovative leader in the digital asset lending and borrowing space.

The partnership sees Maple utilising Zodia Custody as a preferred custodian for global lending arrangements. pic.twitter.com/qAyuRHYHpE

— Zodia (@ZodiaCustody) July 9, 2024

Similarly, according to the crypto custodian, Zodia Custody wallets will now support the Maple token (MPL). This integration provides additional opportunities for returns from alternative stores of value. As institutions seek yield in high-interest environments worldwide, the MPL offers a compelling option for maximizing returns while ensuring security and compliance.

Setting the Standard for Institutional Adoption While Doubling Down on Returns with Security

Ryan O’Shea, COO of Maple Finance, emphasized that the partnership isn’t just about adoption—it’s about setting the standard. He said, “Together we are advancing the infrastructure and cultivating the borrowing and lending solutions institutions need to bring more assets on-chain, with more security, more options, and more transparency.” 

The collaboration pinpoints Zodia Custody’s commitment to regulatory compliance, risk management, and security, driving the maturation of the digital asset ecosystem.

Julian Sawyer, CEO of Zodia Custody, pointed out that “For investors, maximizing returns is paramount — but so is security, and the team at Maple Finance share our vision of unlocking the potential of digital assets not by disrupting the market, but by systemically bridging the gaps between traditional and decentralized finance.” 

The partnership with Maple Finance aligns with this vision, unlocking digital asset potential without disrupting the market. Zodia Custody and Maple Finance address investors’ needs globally by systemically bridging the gap between traditional and decentralized finance.

Future Integrations and Yield Opportunities

The partnership is expected to lead to further integrations, diversifying Zodia Custody’s broader yield offerings for institutional investors.

Building on its 2023 partnership with Singapore-based OpenEden, Zodia Custody continues to expand its ecosystem and provide innovative solutions.

While the integration is targeted to go live by early Q3, Zodia Custody clients can already leverage the partnership with Maple Finance to scale their digital asset business with flexible, cost-effective debt capital. Interested parties can contact their local Zodia Custody representative for more information.