Zodia Markets and Triple-A Team Up to Boost Digital Currency Paymentsby Fintech News Singapore November 16, 2023
Zodia Markets, the digital asset exchange and brokerage platform backed by Standard Chartered, has announced a strategic partnership with Triple-A, a global digital currency payment institution.
The partnership will enable corporate clients to accept digital assets and stablecoins as payment for goods and services through Triple-A.
A subsidiary of UK bank Standard Chartered, Zodia Markets primarily operates in emerging markets like Asia, Africa, and the Middle East.
Zodia Markets was launched in 2021 in collaboration with digital asset platform OSL, marking Standard Chartered’s commitment to advancing global digital asset infrastructure.
Triple-A is a licensed digital currency payment institution that facilitates faster 24/7 payments for global businesses. It holds licenses from the Central Bank of Singapore and the Central Bank of France, allowing it to operate across all EU member states. Triple-A is also registered with the United States Financial Crimes Enforcement Network (FinCEN).
Nick Philpott, COO and Co-Founder of Zodia Markets said,
“We are thrilled to announce our partnership with Triple-A where we combine our institution-first digital asset marketplace with their licensed payment gateway.
When combined with Zodia Markets’ access to liquidity in multiple fiat currencies and its wholesale FX liquidity, this allows clients to enjoy the best of fiat currencies while also reaping the benefits of digital assets, including enhanced accessibility and speed.”
Eric Barbier, CEO of Triple-A, also shared,
“We aim to redefine the way corporate clients engage with digital assets, offering them a smooth and friendly user experience, all while upholding best-in-class compliance.
This partnership signifies a commitment to empowering businesses with the tools they need to thrive in an increasingly digital and interconnected global economy that increasingly relies on stablecoins and digital currencies.”