Standard Chartered’s Zodia adds institutional TON support with Jettons
Zodia Custody, a leading digital asset custody provider, has recently announced the integration of the TON blockchain’s Jetton token standard. This integration will allow institutions to securely hold and manage native TON assets, such as Ston.fi’s STON token.
The TON blockchain, developed by Telegram, has gained significant attention in the crypto space for its innovative approach to scalability and speed. With the integration of the Jetton token standard, Zodia Custody is further solidifying its position as a trusted and reliable custodian for institutional investors looking to enter the TON ecosystem.
One of the main benefits of this integration is the ability for institutions to hold and manage STON tokens, the native asset of Ston.fi, a decentralized finance (DeFi) platform built on the TON blockchain. This will provide institutional investors with direct access to the growing DeFi market on TON, which has seen a surge in popularity in recent months.
In addition to STON, Zodia Custody’s integration of the Jetton token standard will also support other native TON assets, providing institutions with a comprehensive solution for managing their digital assets on the TON blockchain. This will not only streamline the custody process for institutions but also open up new opportunities for them to diversify their portfolios and tap into the potential of the TON ecosystem.
Zodia Custody’s CEO, Maxime De Guillebon, expressed excitement about the integration, stating, “We are thrilled to offer our institutional clients the ability to securely hold and manage native TON assets. This integration further strengthens our commitment to providing our clients with access to the most innovative and promising blockchain projects.”
With the growing interest in the TON blockchain and its native assets, Zodia Custody’s integration of the Jetton token standard is a significant step towards bridging the gap between traditional finance and the crypto world. It will not only attract more institutional investors to the TON ecosystem but also contribute to the overall growth and adoption of digital assets.
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