Zodia Markets, a UK-headquartered digital asset trading business backed by Standard Chartered, has agreed with Elwood Technologies, a provider of digital asset execution and portfolio management software, to acquire Elwood Capital Management Ltd, Elwood’s digital asset OTC trading business based in Jersey, C.I., and regulated by the Jersey Financial Services Commission. Following completion of the transaction, the entity will be known as Zodia Markets (Jersey) Ltd. Zodia Markets is an institutional digital asset trading business backed by SC Ventures, a unit of Standard Chartered, and OSL Group, an Asia-based digital asset company.
