Bybit Teams Up with Zodia Custody for Off-Venue Settlement Following $1.4 Billion Breach

Zodia Custody and Bybit have announced a partnership to
provide segregated custody and off-venue settlement for Bybit’s institutional
clients. Zodia Custody is backed by Standard Chartered, Northern Trust, SBI
Holdings, National Australia Bank, and Emirates NBD.Bybit recently suffered a security breach that reportedly
led to the loss of more than $1.4 billion in liquid-staked Ether (ETH) and
MegaETH (mETH…
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