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30 April 2024
Global
Reporter Jack McRae

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Marathon selects Zodia Custody as international digital asset custodian

Marathon Digital Holdings has selected Zodia Custody to provide international digital asset custody services.

Zodia Custody will provide its services for the Bitcoin miner’s holdings outside of the US. The partnership aims to deliver additional risk management assurances including insolvency-remoteness and secure cold-wallet storage.

Julian Sawyer, CEO of Zodia, comments: “Marathon is a great example of how the entire [digital asset] ecosystem should move forward. We share many of the same values and ambitions for the future of the ecosystem.”

Salman Khan, Marathon’s chief financial officer, adds: “The addition of Zodia Custody demonstrates our commitment to the secure management and diversification of our Bitcoin holdings — especially as we continue to grow internationally and expand into new territories.”

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