Zodia Custody and LMAX Group Launch ‘Zodia Switch’ to Streamline Institutional Asset Swaps

Zodia Custody and LMAX Group Launch ‘Zodia Switch’ to Streamline Institutional Asset Swaps

Zodia Custody, the institution-first digital asset platform backed by heavyweights including Standard Chartered and Northern Trust, has launched Zodia Switch, a new feature developed in partnership with LMAX Group.

The resolution permits institutional purchasers to provoke asset-to-asset swaps straight from their safe custodial wallets, successfully eliminating the want to transfer funds to an exterior venue to commerce.

Custody-native buying and selling

Anoosh Arevshatian, chief product officer at Zodia Custody

Zodia Switch is designed to tackle a selected friction point in institutional workflows: the operational danger and delay related to transferring property to exchanges solely to alter portfolio publicity.

By leveraging LMAX Group’s execution venues, mutual purchasers can now change between supported ERC-20 tokens—such as ETH, wrapped BTC, and stablecoins including RLUSD, USDC, and USDT—on demand.

Crucially, the course of doesn’t require pre-funding an LMAX buying and selling account. Pricing and execution are offered by LMAX by way of an infrastructure layer embedded within Zodia’s platform, making certain transparency while purchasers retain full governance and audit trails.

Anoosh Arevshatian, chief product officer at Zodia Custody, commented: “Institutional portfolios are becoming increasingly active and on-chain, 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.”

Deepening the partnership

Jenna Wright, managing director, digital property at LMAX Group

The launch strengthens the current relationship between Zodia Custody and LMAX Group. It sits within Zodia’s “Trade” pillar, complementing its “Interchange” resolution for off-exchange settlement.

Jenna Wright, managing director, digital property at LMAX Group, added: “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.”

This development comes as Zodia Custody continues to broaden its ecosystem, backed by a shareholder roster that contains Standard Chartered, Northern Trust, SBI Holdings, National Australia Bank, and Emirates NBD.

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