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    Sonal Shridhar Shinde in News

    14-Sep-2023 12:47 PM


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    Zodia Custody and Parity Technologies Forge Strategic Partnership for Polkadot Ecosystem

    In a significant move for the Polkadot ecosystem, Zodia Custody and Parity Technologies have joined forces through a strategic partnership. Zodia Custody, a subsidiary of Standard Chartered, specializes in providing institutional-grade custody solutions for digital assets, while Parity Technologies is renowned for its contributions to the development of the Polkadot blockchain.

    This collaboration is set to strengthen the infrastructure and security within the Polkadot network, a multi-chain platform known for its interoperability and scalability features. Zodia Custody's expertise in secure digital asset custody will enhance the safety of assets within the Polkadot ecosystem, attracting institutional investors seeking reliable storage solutions.

    Furthermore, the partnership aims to promote the adoption of Polkadot's innovative technology in the institutional space, potentially opening doors for increased institutional participation in the decentralized finance (DeFi) and blockchain space. This development underlines the growing recognition of Polkadot as a promising blockchain ecosystem and showcases the increasing interest of traditional financial institutions in the crypto and blockchain industry.
    #Zodia #ParityTechnologies
    Source: Blockchain News