News with the tag "Zodia Markets"

Stablecoins could grow to 10% of the U.S. money supply and foreign exchange transactions once the sector becomes more legitimized, Standard Chartered (STAN) and Zodia Markets said in a report Thursday. Currently, the stablecoin market is equivalent to 1% of U.S. M2 and 1% of foreign exchange transac...

The deal will strengthen Zodia Markets' over-the-counter business while allowing Elwood to conentrate on its software-as-a-service activities.

Standard Chartered’s crypto subsidiary, Zodia Markets, is reportedly in advanced talks to acquire Elwood Capital Management, a digital-asset business backed by billionaire hedge fund manager Alan Howard. The acquisition, expected to be completed this month, will provide Zodia Markets with licenses a...

Zodia Markets, the crypto arm of British Standard Chartered, seeks to buy Elwood Capital, a firm known for its (OTC) crypto trading tools. The post Standard Chartered Crypto Arm in Talks to Acquire OTC Crypto Trading Firm appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and ...

Zodia Markets is reported to be in talks to buy Elwood Capital Management, a crypto firm backed by billionaire hedge fund manager Alan Howard.

Standard Chartered’s crypto subsidiary Zodia Markets is reportedly in talks to acquire the OTC business of Alan Howard-backed Elwood Capital, strengthening its digital asset position. The post Zodia Markets Plans Acquisition of Elwood Capital’s OTC Unit appeared first on Cryptonews .

The two crypto firms are attempting to improve cross-border payments via stablecoins for large corporations and institutions.

Ireland is emerging as an attractive destination for crypto firms; Coinbase designated the country as its EU hub earlier this month.

In response to increasing demands, Zodia Markets, backed by Standard Chartered, is pivoting to the U.S. sooner than expected.