Standard Chartered’s crypto arm eyes buying billionaire’s crypto OTC firm: Report

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Standard Chartered’s crypto arm eyes buying billionaire’s crypto OTC firm: Report
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Standard Chartered’s crypto arm, Zodia Markets, is reported to be in talks to buy Elwood Capital Management, a crypto OTC desk backed by billionaire Alan Howard.

Zodia Markets is reported to be in talks to buy Elwood Capital Management, a crypto firm backed by billionaire hedge fund manager Alan Howard.

Zodia Markets, the crypto subsidiary of British multinational bank Standard Chartered, is reported to be in talks to buy Elwood Capital Management, a crypto firm backed by billionaire hedge fund manager Alan Howard.

Standard Chartered has been making efforts to expand its footprint in the crypto industry. On June 21, it was reported the bank may beIf launched, this would see Standard Chartered become one of the first global banking institutions to become involved in the spot trading of cryptocurrencies.3 reasons why Ethereum price continues to underperform against BTC in 2024

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