Apex Group to expand digital asset servicing capabilities
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Apex Group to expand digital asset servicing capabilities 31 March 2026Ireland, Malta and Luxembourg Reporter: Zarah Choudhary
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Apex Group is expanding its digital asset servicing capabilities through a new collaboration between the European Depositary Bank (EDB) and Zodia Custody.
The firm says that the initiative — subject to the relevant regulatory approvals for EDB across Luxembourg (Commission de Surveillance du Secteur Financier), Ireland (Central Bank of Ireland), and Malta (Malta Financial Services Authority) — will support the development of a trusted digital sub-custody service to meet growing client demand for secure and compliant access to digital assets.
The firms add that the planned collaboration strengthens Apex Group’s digital asset strategy by anchoring its future offering in secure digital custody and supports EDB’s work to secure the permissions required to act as a digital asset custodian.
Once integrated, Zodia Custody’s platform and Apex Group’s depositary and administration services will allow clients to access digital assets through a single, integrated provider, aiming at reducing operational complexity, accelerating time to market, and enabling institutions to extend digital asset services.
David Rhydderch, global head of Financial Solutions at Apex Group, comments: “Our clients want access to digital assets in a way that is secure, transparent and aligned with regulatory expectations.
“Zodia Custody brings an institutional standard of custody that complements our model and supports the service we aim to build.
“This planned collaboration positions us to support clients as the digital asset market moves further into a regulated environment.”
Craig Perrin, managing director of FI Solutions at Zodia Custody, says: “For digital assets to move to the mainstream of institutional finance, the technology and capabilities supporting them must meet the standards of traditional custody.
“Sub-custody is not just an extension of capability, it is a key enabler that allows financial institutions to participate without redesigning their operating model from scratch.
“Through our collaboration with EDB, we are enabling a trusted digital sub-custody model that integrates established depositary and fund administration frameworks.
“This approach provides institutions with greater certainty, strong safeguards for investors and a clearer pathway for digital assets to operate within the core architecture of global financial markets.”
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