Standard Chartered Subsidiary Looking To Buy Billionaire-Backed Crypto Firm: Report

A crypto-focused subsidiary of British multinational bank Standard Chartered is reportedly interested in acquiring a digital asset business backed by billionaire hedge fund manager Alan Howard. Citing people with knowledge on the matter, Bloomberg reports that institutional digital asset trading firm Zodia Markets is in talks to buy crypto over-the-counter (OTC) desk Elwood Capital Management.... source: https://dailyhodl.com/2024/07/11/standard-chartered-subsidiary-looking-to-buy-billionaire-backed-crypto-firm-report/