Zodia Custody announces Partnership with Maple Finance

Zodia Custody announced on Tuesday a partnership with Maple Finance to offer secure crypto lending. 

According to the press release, Zodia Custody will be the preferred custodian for Maple Finance's international lending agreements as a result of the partnership. 

In order to enable its clients to unlock value from their digital assets while staying inside the Zodia Custody ecosystem, Zodia Custody will securely hold the collateral pledged to Maple Finance, the press release added. 

The collaboration will also enable Zodia Custody wallets to support the Maple token, addressing the growing requirement of institutions functioning in high-interest environments globally to optimize returns in alternative stores of value. 

"By collaborating with Zodia Custody, we're not just creating the tone for institutional adoption but also setting the standard." Ryan O'Shea, Head of Maple Finance's Operations, added 

The collaboration gives clients even more options and flexibility when it comes to interacting with verified partners. Working with leaders in the field and offering cutting-edge solutions that put security, risk management, and regulatory compliance first, Zodia Custody demonstrates its dedication to hastening the growth of the digital asset ecosystem, the press release added. 

Julian Sawyer, CEO of Zodia Custody, explained that while maximizing returns is important to investors, security should also come first. Our goal is to unlock the potential of digital assets by systemically bridging the gaps between traditional and decentralized finance rather than disrupting the market, as shared by the Maple Finance team. We are directly meeting the needs of investors worldwide by utilizing our heritage and expertise in both areas, Sawyer added. 

According to the press release, by early Q3, the integration is expected to be operational.

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