Zodia Custody has secured a Payment Institution licence from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF), expanding its regulated stablecoin services across the European Union. The approval enables the firm to conduct Electronic Money Token (EMT) transfers under Europe’s Markets in Crypto-Assets (MiCA) framework, strengthening its position as a compliant custody platform for institutional clients.
The new licence complements Zodia’s existing MiCA Crypto-Asset Service Provider (CASP) registration from December 2025, creating a unified environment for both crypto asset safekeeping and EMT transfers. By consolidating custody and transfer services, Zodia reduces operational complexity and counterparty risk for banks, asset managers, and other large financial players. Stablecoins are increasingly used for settlement, liquidity management, and treasury operations, making integrated regulated custody a priority.
Managing Director Ami Nagata described the licence as a bridge between the company’s crypto custody capabilities and the growing demand for compliant EMT solutions. Clients now have clearer rules and greater certainty for their digital asset strategies, she noted. Zodia, founded in 2020, is backed by Standard Chartered, Northern Trust, SBI Holdings, Emirates NBD, and National Australia Bank, and already holds permissions in the UK, UAE, Hong Kong, Singapore, and Australia.
The move aligns with Standard Chartered’s plans to integrate Zodia’s custody operations into its investment banking unit, a step reported by Bloomberg in early 2026. The bank launched its own crypto custody in Luxembourg in January 2025 and later added institutional spot trading. Zodia’s expanded licensing further cements Luxembourg’s role as a key European hub for institutional digital asset services.
