Marathon Digital Safeguards Crypto with Zodia Custody: A Secure Partnership Marathon Digital has chosen Zodia Custody, backed by Standard Chartered, to fortify its crypto assets against digital threats.
Institutional-grade solutions from Zodia will protect Marathon's holdings outside the US, ensuring safety and peace of mind.
With cybercrime on the rise, crypto custodians offer a vital shield against theft and misuse, employing advanced security measures like multi-signature wallets and cold storage.
Joining forces with Zodia as its fourth custodian, Marathon strengthens its risk management strategy, benefiting from secure cold wallet storage and protection against insolvency.
Anchorage Digital, Fidelity Digital, and another unnamed provider already stand alongside Zodia in Marathon's lineup of trusted custodians.
Incubated by financial giants Standard Chartered and Northern Trust, Zodia aims to lead the way in digital asset custody with its secure wallets and reward-earning services.
While Marathon secures its future, CEO Fred Thiel warns of potential financial strain for smaller miners in the Bitcoin industry, predicting consolidation among the bigger players.
