NAB Ventures invests in crypto-focused Zodia custodian
NAB Ventures has backed Zodia Custody to enhance its institutional-grade cryptocurrency custody platform in Australia amid growing interest from the financial industry.
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NAB Ventures has backed Zodia Custody to enhance its institutional-grade cryptocurrency custody platform in Australia amid growing interest from the financial industry.
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The acquisition follows a relatively recent fundingraising for BitGo and a partnership with South Korea's Hana Bank.
Citing a changing business and regulatory environment, Nasdaq has decided not to pursue a license for this venture.
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The funding round marks the first time investment giant KKR has invested directly in a crypto company.
The firm previously said its reserves would be in cash and treasuries.