Zodia Markets, a UK-based institutional digital asset exchange and brokerage backed by Standard Chartered’s SC Ventures and OSL Group, has raised $18.25 million in Series A led by Pharsalus Capital, with participation from Circle Ventures and other investors. The funding will support global expansion, the development of new institutional trading products, and enhanced stablecoin-based cross-border payment orchestration. Founded in 2021, the firm offers access to over 20 fiat currencies and 70+ digital assets, and aims to modernize foreign exchange capital flows through real-time stablecoin settlement.

Standard Chartered-Backed Crypto Platform Zodia Markets Lands $18.25M Series A