Leading Indian crypto exchange WazirX has announced a strategic partnership with Zodia Custody, a regulated digital asset custodian, ahead of its anticipated operational restart. The move aims to bolster security and compliance measures, ensuring a safer trading experience for its users.
Strengthening Security & Compliance
Zodia Custody, a subsidiary of Standard Chartered, is known for its robust institutional-grade security and regulatory compliance. By leveraging Zodia's custody solutions, WazirX seeks to enhance asset protection, mitigating risks associated with digital asset storage.
🚨Big news! @WazirXIndia has partnered with ZodiaCustody, a globally trusted, institution-first digital asset platform backed by Standard Chartered, Northern Trust, SBI Holdings, NAB, and Emirates NBD.
— AltCoiners.live (@alt_coiners) March 18, 2025
WazirX is planning to restart, relaunch the exchange!
Stay tuned! 🚀🔥… pic.twitter.com/8yDdyndbwp
This step comes as WazirX works towards regaining momentum in India’s evolving crypto regulatory landscape. The exchange had faced challenges related to compliance, prompting stricter measures to ensure a transparent and secure trading environment.
A New Chapter for WazirX
The integration with Zodia Custody signifies WazirX’s commitment to adhering to global regulatory standards while reinstating trust among Indian crypto investors. With security and compliance at the forefront, the exchange is gearing up to resume full-fledged operations in the near future.
As India’s crypto ecosystem continues to evolve, this partnership underscores the growing importance of institutional-grade custody solutions in fostering a secure and regulated digital asset landscape.
Author
Surabh Yadav