Managing an asset of 738 billion dollars, Schroders is preparing as part of its digital asset studies.
An anonymous source, who did not want to be named because a secret process was mentioned, mostly Standard Chartered Plcbelonging to Zodia Custody Ltd.has been shortlisted by Schroders as potential suppliers.
Schroders Acquires Minority Share of Forteus in 2022
The London-based firm became a digital asset manager in July last year. forteusHe stepped into the sector by purchasing the minority shares of .
Schroders stated that at the time, it planned to provide customers with access to Forteus’ capabilities where appropriate. Schroders Chief Executive Officer Peter HarrisonIn the agreement announcement, he said that blockchain technology represents a new aspect of technological and financial innovation.
In its latest annual report, published in March, Shcroders said that the departing executive Damon BuffiniHe announced that they are looking for a board member with experience in areas such as fintech and crypto.
“Given the potential transformative impact that blockchain technology can have, we want to expand our understanding of the infrastructure that may be required to support emerging digital asset classes,” a company spokesperson said. The spokesperson, who did not comment on hiring the crypto custodian, said the company is always exploring different areas.
