Every single bank will soon need to hold digital assets, says Zodia CEO Julian Sawyer

Every bank will soon be required to hold digital assets, according to Zodia Custody CEO Julian Sawyer, who also confirmed that Standard Chartered’s full acquisition of the firm is on track to complete by the end of August. Sawyer called the deal a "major validation" of the industry's maturity, noting that legacy banks cannot build institutional-grade digital asset custody safely without proper software and that blockchain infrastructure is shifting toward real-world asset tokenization and stablecoin payments. The acquisition highlights how major banks are abandoning in-house experiments and instead buying established crypto platforms to gain trusted technology.