Zodia Custody, a prominent digital asset custodian focused on institutional clients, has formed a partnership with Metrika, a leading risk management platform for digital assets. As the adoption of digital assets and blockchain technology continues to grow, effectively addressing and managing associated risks becomes increasingly important. Metrika specializes in helping financial institutions navigate the complexities of blockchain technology by incorporating traditional finance risk management concepts and tailoring them to the unique characteristics of digital assets. Their platform automates risk assessment and compliance processes, streamlining operations and allowing teams to prioritize strategic initiatives. By implementing robust risk management frameworks and continuous monitoring, institutions can demonstrate their commitment to risk mitigation and compliance, thereby earning trust and credibility from stakeholders.
Anoosh Arevshatian, Chief Risk Officer of Zodia Custody, stated, “Partnering with like-minded companies such as Metrika is a natural progression for us and will enhance the risk management capabilities of the digital asset industry. Our combined expertise in security, compliance, and risk management will provide institutions with a powerful advantage when entering and participating in this space, with the added reassurance and peace of mind of working with institutional-grade standards.”
Nikos Andrikogiannopoulos, Founder & CEO of Metrika, expressed his excitement about the collaboration, saying, “Metrika is thrilled to partner with Zodia Custody and leverage their unparalleled expertise in secure digital asset storage and management. This collaboration emphasizes our shared commitment to delivering best-in-class risk management solutions for digital assets. Zodia Custody’s industry-leading custody infrastructure, combined with Metrika’s continuous risk monitoring and effective management, significantly enhances the value proposition for institutional clients.”
Both Metrika and Zodia Custody will be discussing their partnership and the future of digital asset risk management at the Point Zero Forum workshop session titled “Navigating the Future of Digital Asset Risk Management” in Zurich, Switzerland, on July 2nd. The workshop will delve into the complexities of managing risks associated with digital assets, regulatory trends, technological advancements including AI, and industry best practices.
About Zodia Custody:
Zodia Custody is the leading institution-first digital asset custodian backed by Standard Chartered, Northern Trust, SBI Holdings, and National Australia Bank. It enables institutional investors worldwide to fully realize the potential of the digital asset future in a simple, secure, and uncompromising manner. By combining cutting-edge technology, custody services, governance, and compliance, Zodia Custody meets the complex needs of institutional investors.
Zodia Custody adheres to the requirements of the 5AMLD and maintains the same standards as Standard Chartered regarding AML, FCC, and KYC. It also complies with the FATF Travel Rule. Zodia Custody Limited is registered in the UK with the FCA as a crypto asset business under the Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. Zodia Custody (Ireland) Limited is registered with the Central Bank of Ireland as a VASP under Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (as amended). Zodia Custody (Ireland) Limited was established in Ireland in August 2021. Zodia Custody Limited is registered with the CSSF in Luxembourg as a Virtual Asset Service Provider in accordance with article 7-1 (2) of the law dated 12 November 2004 on the fight against money laundering and terrorist financing, as amended. Zodia Custody (Hong Kong) Limited is registered with the Registry for Trust and Company Service Provider with License Number TC009245 under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO), Cap. 615, in respect of its custodial activities in digital assets.
About Metrika:
Metrika is the industry leader in blockchain risk management, empowering proactive risk assessment and compliance across digital asset services. They help implement strategic risk frameworks, navigate regulatory compliance, and safeguard operations through ongoing monitoring and surveillance. To learn more, please visit www.metrika.co.
Contact:
Rich Went
[email protected]
