Zodia Custody, a provider of crypto asset custody solutions, has received a new regulatory license from Luxembourg that will enable the company to expand regulated stablecoin services across Europe. This fresh authorization allows Zodia Custody to conduct Electronic Money Token (EMT) transfers under the European Union’s Markets in Crypto Assets (MiCA) regulatory framework.
Scope of the new license
Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier, has granted this license specifically to Zodia Custody Europe S.A. With this official recognition, the company now has a clear path to offer EMT transfer services in line with legal and regulatory requirements throughout the EU.
Mini glossary: An Electronic Money Token is a type of digital token designed to be pegged to an official fiat currency, subject to its own set of rules under MiCA. MiCA is the EU’s regulatory regime aimed at standardizing oversight of crypto service providers and stablecoin-like structures.
This license builds upon Zodia’s prior authorization as a Crypto Asset Service Provider under MiCA, granted in December 2025. As a result, the company will now be able to provide both digital asset custody and regulated stablecoin transfer services under one roof. Industry observers note that this integrated model could reduce the need for corporate clients to juggle multiple third-party service providers.
Zodia Custody stated that the new license creates a direct link between its custody infrastructure and EMT capabilities, giving institutional customers a more definitive and transparent regulatory framework as they pursue EMT and broader crypto asset strategies.
Surging institutional demand
Zodia’s client base mainly consists of banks, asset managers, and institutional players seeking compliant digital asset infrastructure. The company highlights that offering both EMT custody and transfer capabilities together is rapidly becoming a core requirement in today’s market.
Founded in 2020, Zodia Custody specializes in institutional-grade custody solutions. Its investors and shareholders include Standard Chartered, Northern Trust, SBI Holdings, Emirates NBD, and National Australia Bank. Beyond Europe, Zodia also operates with regulatory approvals in the United Kingdom, United Arab Emirates, Hong Kong, Singapore, and Australia.
Spotlight on Standard Chartered connection
This development coincides with Standard Chartered’s ongoing transformation of its digital asset operations. Bloomberg previously reported that the bank was considering consolidating Zodia’s custody business under its investment banking arm, with an initial proposal reportedly receiving the green light in May.
Plans are underway to integrate Zodia’s regulated custody services with Standard Chartered’s existing digital asset custody platform. Some services could continue to be delivered through a white-label model for the bank’s fintech partners and institutional clients.
Standard Chartered initially launched crypto custody operations in Luxembourg in January 2025, later rolling out institutional-grade spot trading. The new license further strengthens Zodia’s positioning in Europe, while expanding the company’s regulated stablecoin capabilities amid intensifying competition in the sector.
