Bybit and Zodia Custody reach cooperation to improve asset security

Odaily Planet Daily News According to official news, Zodia Custody, an institutional-first digital asset platform supported by Standard Chartered Bank, Northern Trust Company, SBI Holdings, National Australia Bank and Emirates National Bank, has officially established a partnership with the cryptocurrency exchange Bybit to provide Bybit's institutional clients with secure, isolated custody and over-the-counter settlement services. As the demands on the industry continue to increase, the market is looking forward to the introduction of more reliable infrastructure to address potential risk points in exchange settlement, including centralized control and counterparty risk. Zodia Custody’s Interchange solution is built on regulatory-grade infrastructure, providing independent asset custody for the security issues mentioned above. Through Interchange, institutional users can instantly deploy funds for trading on Bybit, while their assets remain securely held in Zodia Custody — ensuring full segregation, zero commingling, and significantly reduced exchange risk exposure. This design neutralizes counterparty risk and eliminates the need for users to pre-fund exchange accounts, improving capital efficiency and operational integrity.