Zodia Custody has launched Zodia Switch, a feature enabling institutional clients to initiate asset-to-asset swaps directly from their secure custodial wallet.
Built in partnership with LMAX, Zodia Switch allows mutual clients to switch between supported ERC-20 tokens — such as ETH, wrapped BTC, and stablecoins — without pre-funding their LMAX trading account or moving assets off-platform.
Pricing and execution come from LMAX through a next generation infrastructure layer embedded within Zodia's platform, which the firm says, ensures transparent liquidity and complete auditability.
Throughout the process, clients retain full governance, control, permissioned anti-money laundering (AML) screening, and audit trails.
Anoosh Arevshatian, chief product officer at Zodia Custody, says: “Institutional portfolios are becoming increasingly active and onchain, but the infrastructure hasn't kept pace. Zodia Switch eliminates the need to choose between security and speed.
“Clients can now rebalance positions, manage liquidity, and respond to market conditions instantly, all from within their custody environment. This is custody working the way institutions need it to work.”
Jenna Wright, managing director of Digital Assets at LMAX Group, adds: “As digital assets and tokenisation accelerate, this is the next evolution in bringing our institutional-grade liquidity directly into client environments via a simple API.
“Our solution lets institutions initiate trades in any asset from their own wallets with full control, transparency and immediate access to deep global liquidity. Together with our long-standing partner Zodia Custody, we’re embedding our market infrastructure at the core of the digital ecosystem to enable seamless, secure asset movement.”
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