Zodia Custody has formed partnerships with two firms in Singapore, further deepening its digital asset client base and capabilities.

Raffles Family Office Group has formed a partnership with Zodia Custody to allow its clients to gain access to digital asset products through the custodian’s global bank-backed platform, according to a statement. Zodia Custody is an institutional digital asset custodian backed by Standard Chartered, SBI Holdings, Northern Trust and National Australia Bank.

«The collaboration marks another crucial step for Raffle’s digital asset strategy, following the launch of its Revo Digital Family Office platform in 2022,» said Ray Tam, co-founder of Raffles Family Office Group.

«We aim to bridge the worlds of traditional wealth with digital innovation – but can only do so with the right infrastructure in place. Through working with ecosystem providers that can combine the heritage of traditional wealth management with a digital asset-native approach, we can achieve that. This is exactly what Zodia Custody brings to the table, helping us to unleash growth and wider adoption for digital assets for APAC.»

QCP Tie-Up

In addition, Zodia has also partnered with Singapore digital asset trading firm QCP. Through the tie-up, QCP joins Zodia Custody Gateway which offers direct access to a streamlined digital asset ecosystem from their wallet.

«Our integration with Zodia Custody enables us to set a new standard for excellence in the digital asset space, offering unparalleled security and innovative solutions tailored to the evolving needs of institutions like Raffles Family Office Group,» said Darius Sit, founder and chief investment officer at QCP.

«Together, we are effectively changing the game by evolving the digital asset world in line with the best practices of traditional finance – creating the path forward for future adoption, and placing digital assets at the forefront of options for ultra-high net worth families and other institutional investors across Asia,» added Kate Cooper, head of APAC and CEO of Zodia Custody Australia.