Zodia Custody’s Interchange solution will offer Bybit’s institutional clients independent custody and off-venue settlement to support secure institutional trading.

LONDON, April 3, 2025 /PRNewswire/ — Zodia Custody, the institution-first digital assets platform backed by Standard Chartered, Northern Trust, SBI Holdings, National Australia Bank, and Emirates NBD, and Bybit, the world’s second-largest cryptocurrency exchange by trading volume, have joined forces to bring secure, segregated custody and off-venue settlement to Bybit’s institutional clients.

In engaging with digital assets, institutional investors require the assurances of regulatory compliance and robust security measures to protect their capital. Amid heightened industry scrutiny, there is a corresponding demand for credible infrastructure that addresses the potential weaknesses of on-exchange settlement, including centralised control and counterparty risk.

Zodia Custody’s Interchange solution addresses these security concerns by providing independent asset custody via regulatory-grade infrastructure. Through Interchange, institutional users can deploy capital for immediate trading on Bybit while their assets remain securely held with  Zodia Custody – ensuring full segregation, no co-mingling, and significantly reduced exposure to exchange-side risks. This design neutralises counterparty risk and removes the need to pre-fund exchange accounts, enhancing both capital efficiency and operational integrity.

This partnership elevates security and compliance standards across the digital asset trading space, offering institutional clients access to Bybit’s best-in-class trading infrastructure with the safety of Zodia Custody’s off-venue settlement.

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Julian Sawyer, CEO of Zodia Custody, commented: “Institutional clients need more than speed – they need to know their assets are held securely, off-exchange, and fully under their control. As leading players in the industry, Zodia Custody and Bybit have a shared responsibility to provide tailor-made solutions to increase security and protect capital for the institutions that use our services. That’s what we’re delivering through this partnership. With Interchange, we’re enabling Bybit’s clients to access trading liquidity without compromising on custody standards, counterparty risk, or capital efficiency. It’s custody and settlement built for institutions, not retrofitted for crypto.”

Shunyet Jan, Head of Institutional and Derivatives at Bybit, added: “At Bybit, our mission is to provide institutional-grade solutions that meet the evolving needs of sophisticated investors. Our partnership with Zodia Custody underscores our dedication to compliance, security, and innovation in the digital asset space. Zodia Custody’s reputation as a trusted, highly regulated custodian makes it the ideal partner to safeguard our clients’ assets while enhancing capital efficiency. Together, we are setting new standards for the institutional adoption of digital assets.”

Certified under SOC 1 Type I and II and built for institutions from the ground up, Zodia Custody serves regulated financial institutions, government bodies, crypto platforms, and hedge funds across specific global markets – delivering trust, transparency, and uncompromising security at scale.

This partnership marks a decisive shift toward secure, compliant infrastructure in crypto markets – one where institutions can finally move at speed, without sacrificing safety.

About Zodia Custody

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Zodia Custody is an institution-first digital assets platform backed by Standard Chartered, in association with Northern Trust, SBI Holdings, National Australia Bank, and Emirates NBD. Through the combination of its custody, treasury, and settlement solutions with consultancy and middle office operations, Zodia Custody enables institutional investors around the globe to realise the full potential of the digital assets future – simply, safely, and without compromise. It operates under authorisations granted by the Financial Conduct Authority, Central Bank of Ireland, Commission de Surveillance du Secteur Financier, and Hong Kong Companies Registry.

Zodia Custody implements the requirements of the 5AMLD and applies the same standards as Standard Chartered relating to AML, FCC, and KYC. It implements the requirements of the FATF Travel Rule. Zodia Custody Limited is registered in the UK with the FCA as a crypto asset business under the Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. Zodia Custody (Ireland) Limited is registered with the Central Bank of Ireland as a VASP under Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (as amended). Zodia Custody (Ireland) Limited was established in Ireland in August 2021. Zodia Custody (Ireland) Limited is registered with the CSSF in Luxembourg as a Virtual Asset Service Provider in accordance with article 7-1 (2) of the law dated 12 November 2004 on the fight against money laundering and terrorist financing, as amended. Zodia Custody (Hong Kong) Limited is registered with the Registry for Trust and Company Service Provider with License Number TC009245 under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO), Cap. 615 in respect of its custodial activities in digital assets.

For further information on Zodia Custody, please visit: https://zodia-custody.com/

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

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TORONTO, April 3, 2025 /PRNewswire/ — Consensus, the world’s longest-running and most influential crypto and blockchain gathering, today announces the addition of two of the biggest names in the business world for its Toronto 2025 event. Kevin O’Leary, Chairman of O’Leary Ventures and Dave Portnoy, founder of Barstool Sports, are set to join a wealth of prominent figures at Consensus Toronto (hosted by CoinDesk). The conference, which is coming to Canada for the first time, amasses the world’s most influential leaders across finance, crypto, blockchain, and Web3.

Speaking about his involvement in Consensus Toronto, investor and entrepreneur Kevin O’Leary said: “Consensus has long been the go-to gathering for the digital asset industry — a place where serious conversations happen and real decisions are made. I’m excited to join its world-class lineup of speakers in Toronto, a city with a vibrant tech ecosystem and a fast-growing community of crypto, AI, and Web3 innovators. It’s the perfect setting to push the digital asset conversation forward and help shape what’s next for this rapidly evolving sector.”

Consensus is set to welcome 20,000+ attendees from over 100 countries across the digital assets space, 400+ startups, 200+ sponsors, and 6,800+ companies. O’Leary and Portnoy join a distinguished roster of 500+ speakers across crypto, Web3 and blockchain. This year’s flagship event will also feature six dynamic stages, CoinDesk PitchFest (a live competition showcasing the most promising early-stage Web3 startups) and North America’s largest in-person blockchain hackathon, along with hundreds of curated side events and unrivaled networking opportunities.

Other speakers announced for Toronto 2025 include:

• Robert Hines – Executive Director of the President’s Council of Advisors for Digital Assets, The White House
• Adrienne Harris – Superintendent, New York Department of Financial Services
• Sergey Nazarov – Co-Founder, Chainlink
• Anthony Scaramucci – Founder, SkyBridge Capital
• Charles Hoskinson – CEO & Founder, Input Output
• Matt Hougan, Chief Investment Officer, Bitwise Asset Management
• Dan Morehead – Founder & CEO, Pantera Capital
• Lindsey Einhaus – Crypto Strategy and Operations, Stripe
• Ryan Rugg – Global Head of Digital Assets, Treasury and Trade Solutions, Citi
• Smokey Bera – Co-Founder, Berachain
• Keone Hon – Co-Founder, Monad

For the full list of speakers so far, please see here.

Toronto was pinpointed as host country for the world-leading conference due to its position as North America’s third-largest tech ecosystem and second-largest financial hub. Adding to its appeal is its rich crypto heritage. Toronto is the birthplace of Ethereum and home to the world’s first Bitcoin and Ethereum ETFs.

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“Consensus has long been the definitive stage for the most influential voices in digital assets, and Toronto will be no exception. We’re thrilled to welcome Kevin O’Leary and Dave Portnoy to this year’s lineup, bringing fresh perspectives at a time when mainstream adoption is accelerating like never before,” said Michael Lau, Chairman of Consensus. “With an unmatched roster of speakers, leading sponsors, and a global audience of decision-makers, Consensus continues to be one of the most important events for those shaping the future of this industry.”

Executives from leading Canadian firms, including Dean Skurka, President & CEO of WonderFi, Danish Ajmeri, Director of Product for Crypto at Wealthsimple and Lucas Matheson, CEO of Coinbase Canada, will be joining the conversation at Consensus to explore Canada’s expanding role in the industry.

Early bird registration is now open with limited-time discounted rates available at consensus2025.coindesk.com.

Members of the media are invited to apply for press credentials at https://consensus2025.coindesk.com/press/-id/0.

Media Contact:
Jamie Sly
[email protected] 

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About Consensus:
Consensus 2025 by CoinDesk is a flagship event for the blockchain, cryptocurrency, and Web3 community. Bringing together industry leaders, policymakers, and innovators, it offers discussions on key topics such as digital assets, DeFi, Web3, and the evolving regulatory landscape.

With a mix of panels, keynotes, and networking opportunities, Consensus 2025 provides a platform to explore the latest trends and developments shaping the digital economy. Whether you’re an industry veteran or just entering the space, this event offers valuable insights and connections in a rapidly evolving field.

About CoinDesk:
CoinDesk is the most trusted media, events, indices, and data company for the global crypto economy. Since 2013, CoinDesk Media has led the story of the future of money and investing, illuminating the transformation in society and culture that comes with it. Our award-winning team of journalists delivers news and unparalleled insights that bring transparency, comprehension, and context.

CoinDesk gathers the global crypto, blockchain, and Web3 communities at annual events such as Consensus, the world’s largest and longest-running crypto festival. CoinDesk Indices offers expertise in digital asset indices, data, and research to educate and empower investors. In November 2023, CoinDesk was acquired by Bullish Group. CoinDesk operates as an independent subsidiary and abides by a strict set of editorial policies. For more information on CoinDesk media and events, please visit CoinDesk.com

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VICTORIA, Seychelles, April 3, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, is excited to announce that it has listed StakeStone (STO) on both the spot and futures markets as of April 3, 2025 (UTC). To mark the occasion, MEXC has launched an exclusive Airdrop + rewards campaign, offering a total of 130,000 USDT.

StakeStone is a cross-chain liquidity infrastructure offering flexible staking solutions through its liquid assets – STONE and SBTC, which are tokenized versions of ETH and BTC. Its scalable architecture integrates with staking pools and is prepared to support future restaking features, creating a multi-chain liquidity market. With a TVL of approximately 600 million USD, StakeStone enables diverse use cases and enhanced yield opportunities. Additionally, the platform has launched LiquidityPad, which allows users to earn rewards by providing liquidity to cross-chain applications, and is expanding its reach through partnerships with Monad and WLFI.

STO is the governance token of StakeStone, allowing users to participate in decision-making and influence key protocol parameters. It empowers users to shape the protocol while earning additional rewards through veSTO staking, liquidity incentives, and bribe markets. As StakeStone continues to expand, STO’s role in governance and liquidity allocation will become increasingly valuable.

MEXC has launched an Airdrop + campaign to celebrate the listing of StakeStone (STO) with a total prize pool of 130,000 USDT. Below are the key details of the event:

Event Period: April 3, 2025, 06:00 – April 13, 2025, 10:00 (UTC)

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Event 1: Deposit to Share 50,000 USDT (New User Exclusive)
Newly signed-up users and existing users with cumulative deposits below 100 USDT before the event start date are eligible to participate. By completing the relevant tasks during the event period, users can share in the 50,000 USDT prize pool.

Event 2: Spot Challenge – Trade to Share 20,000 USDT (Open to All Users)
During the event, all users can trade STO spot pairs with a minimum valid trading volume of $2,000 to share a 20,000 USDT prize pool, with the reward based on each user’s proportion of the total trading volume, up to a maximum of 2,000 USDT. Only spot trades with non-zero fees will be counted towards the trading volume.

Event 3: Futures Challenge — Trade to Share 50,000 USDT in Futures Bonuses (Open to All Users)
During the event, users who trade any Perpetual Futures pair and rank among the top 2,000 by total trading volume of at least 20,000 USDT will share a 50,000 USDT prize pool in Futures bonuses, with each user able to receive up to 5,000 USDT, and a minimum reward of 10 USDT.

Event 4: Invite New Users & Share 10,000 USDT (Open to All Users)
Existing users can invite friends to sign up on MEXC using their referral code to share a 10,000 USDT reward pool. Once the new user completes any task from Event 1, the referrer will receive 20 USDT, with each referrer eligible to earn up to 400 USDT on a first-come, first-served basis.

The listing of StakeStone (STO) underscores MEXC’s ongoing commitment to offering users a diverse range of investment assets, expanding its product offerings, and enhancing the overall trading experience. By consistently providing early access to promising Web3 projects, MEXC has solidified its position as an industry leader. According to the latest TokenInsight report, MEXC leads the industry with the highest number of spot listings (461) and the fastest listing speed. Additionally, the exchange consistently adds new tokens on a bi-weekly basis, showcasing its exceptional ability to capture market trends quickly.

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Looking ahead, MEXC will remain user-centric, driving innovation and expanding its offerings to deliver the best opportunities in the ever-evolving crypto landscape.

For full event details and participation rules, please visit here.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

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Risk Disclaimer:

The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

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