BeInCrypto 100 Institutional Awards Nomination: Zodia Custody for Best Digital Asset Custody Provider

Institutional digital asset custody has long forced firms to choose between safety and flexibility. Cold storage protects assets but slows trading, while faster market access can add counterparty, prefunding, and operational risks. Zodia Custody is building around that gap. The firm is nominated for Best Digital Asset Custody Provider at the BeInCrypto Institutional 100 Awards 2026. FoundedBacked ByOfficesJurisdictionsEmployeesRegulatory Footprint20205 banks715+150+5 Zodia Custody Infrastructure Snapshot The nomination centers on the launch of Zodia Switch, a custody-native asset swap product announced in February 2026 in partnership with LMAX Group. Zodia Switch allows institutional clients to initiate asset-to-asset swaps directly from their secure custodial wallets. Introducing Switch from Zodia Custody 🚀 Today we’re launching Zodia Switch – the custody-native way for institutions to initiate on-chain asset switches directly from their secure custody wallets.No pre-funding external venues. No operational bottlenecks. No compromise.… pic.twitter.com/mfFa9n7WiG— Zodia (@ZodiaCustody) February 11, 2026 The product supports ERC-20 assets including ETH, wrapped BTC, RLUSD, USDC, and USDT, without requiring clients to pre-fund an LMAX trading account or move assets off-platform. That matters because portfolio rebalancing is still one of the most awkward parts of institutional crypto operations. Firms often need to move assets from custody to an external trading venue just to adjust exposure. That creates delays, additional approvals, and more points of operational risk. Zodia Switch keeps that workflow inside the custody environment. Pricing and execution come from LMAX through infrastructure embedded into Zodia’s platform, while clients retain governance controls, permissioned AML screening, and audit trails. Bringing Trading Closer to Custody Zodia Custody was established in late 2020 by SC Ventures, Standard Chartered’s innovation unit, and Northern Trust. The fi...