Key Takeaways
- • Apex Group is launching a digital asset sub-custody service through a collaboration between the European Depositary Bank (EDB) and Zodia Custody, pending regulatory approvals across Luxembourg, Ireland, and Malta.
- • The integrated offering will combine Zodia Custody's institutional custody platform with Apex Group's depositary and administration services, enabling clients to access digital assets through a single provider and reducing operational complexity.
- • The partnership is designed to support institutional demand for secure, compliant digital asset access as the market transitions toward regulated frameworks, positioning Apex to serve clients across an expanding digital finance ecosystem.
- • David Rhydderch, global head of Financial Solutions at Apex Group, emphasized that the collaboration addresses client demand for transparent, secure digital asset access aligned with regulatory expectations.
- • EDB will work to secure digital asset custodian permissions across three jurisdictions as part of the initiative, strengthening Apex Group's broader digital asset strategy and institutional positioning.
Summary
Apex Group is expanding its digital asset servicing capabilities through a strategic collaboration between the European Depositary Bank (EDB) and Zodia Custody, marking a significant institutional push into regulated digital asset custody. The initiative, announced March 31, 2026, is subject to regulatory approvals from the Commission de Surveillance du Secteur Financier (Luxembourg), the Central Bank of Ireland, and the Malta Financial Services Authority. Once approved and integrated, the partnership will deliver a trusted digital sub-custody service designed to meet growing institutional demand for secure and compliant digital asset access.
The planned integration combines Zodia Custody's institutional-grade custody platform with Apex Group's depositary and administration infrastructure, creating a single point of access for institutional clients. This unified offering aims to reduce operational complexity, accelerate time-to-market deployment, and enable institutions to expand their digital asset service offerings without fragmenting across multiple providers. The collaboration positions EDB to secure the necessary digital asset custodian permissions while anchoring Apex Group's future digital asset strategy in secure custody infrastructure.
David Rhydderch, global head of Financial Solutions at Apex Group, framed the partnership as a response to institutional client requirements for secure, transparent digital asset access aligned with regulatory expectations. Craig Perrin, managing director of FI Solutions at Zodia Custody, emphasized that digital asset technology must meet traditional custody standards for mainstream institutional adoption. The initiative reflects broader market movement toward regulated digital asset infrastructure, positioning both organizations to capture demand as the sector matures toward compliance-first frameworks.
The planned integration combines Zodia Custody's institutional-grade custody platform with Apex Group's depositary and administration infrastructure, creating a single point of access for institutional clients. This unified offering aims to reduce operational complexity, accelerate time-to-market deployment, and enable institutions to expand their digital asset service offerings without fragmenting across multiple providers. The collaboration positions EDB to secure the necessary digital asset custodian permissions while anchoring Apex Group's future digital asset strategy in secure custody infrastructure.
David Rhydderch, global head of Financial Solutions at Apex Group, framed the partnership as a response to institutional client requirements for secure, transparent digital asset access aligned with regulatory expectations. Craig Perrin, managing director of FI Solutions at Zodia Custody, emphasized that digital asset technology must meet traditional custody standards for mainstream institutional adoption. The initiative reflects broader market movement toward regulated digital asset infrastructure, positioning both organizations to capture demand as the sector matures toward compliance-first frameworks.
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