Bybit and Zodia Custody join forces to work on institutional crypto security

Zodia Custody, a digital asset custody platform, and Bybit, the world’s second-largest cryptocurrency exchange by trading volume, have partnered up to promote institutional crypto security, according to the reports shared with Finbold on Thursday, April 3.  The partnership will offer secure and segregated custody as well as off-venue settlement for Bybit’s institutional clients. Institutional crypto security As crypto becomes more prevalent in institutional investment circles, regulatory compliance and asset security become an increasingly important topic, especially in the light of growing scrutiny on the crypto industry.  Zodia Custody’s Interchange solution addresses issues such as centralized control and counterparty exposure by ensuring institutional funds are stored outside the exchange while still being available for purchase on Bybit source: https://finbold.com/bybit-and-zodia-custody-join-forces-to-work-on-institutional-crypto-security/