Zodia Markets, a cryptocurrency trading company backed by Standard Chartered Bank's venture capital arm, confirmed that it is acquiring Elwood Technologies' OTC business. Elwood said on Monday that after selling the business, Elwood will focus on its trading technology software as a service (SaaS) products and services. (CoinDesk)
Previously, Zodia Markets was in talks to acquire a stake in Elwood Technologies to acquire its OTC business. Elwood Technologies is a digital asset company backed by billionaire hedge fund manager Alan Howard.