Zodia Markets is a crypto trading firm majority‑owned by Standard Chartered that serves financial institutions with wholesale finance and around‑the‑clock digital asset trading. The company aims to reengineer traditional foreign‑exchange capital flows by enabling real‑time stablecoin settlement across borders, a priority highlighted by CEO Usman Ahmad. Zodia is developing stablecoin payments services to let institutional capital move outside banking hours and reduce manual workarounds. The firm raised $18.25 million in a Series A to support international expansion and further develop those stablecoin payment capabilities. The article notes the broader regulatory attention on stablecoins in jurisdictions such as the U.S. and Hong Kong, which provides context for Zodia’s product focus.

Total raised

$18M

Funding rounds

1

Latest round

Series A

Latest activity

Jul 2025