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Standard Chartered-backed Zodia Markets partners with Triple-A

By Gloria Mathias

November 17, 2023

  • Africa
  • Asia
  • Central Bank of Singapore and the Central Bank of France

Triple-A, Digital Currency Payments Institutions, Stablecoins, Cryptocurrency, Series A funding, Singapore, Standard Chartered, Zodia Markets, Digital Assets, Fintech Partnership, Singapore Fintech Festival, Zodia Markets, the Standard Chartered-backed digital asset exchange and brokerage platform, has announced a strategic partnership with global digital currency payment institution Triple-A.

Launched in 2021, Zodia Markets is a subsidiary of Standard Chartered, a UK bank with a presence largely in emerging markets, such as Asia, Africa, and the Middle East.

Triple-A is a licensed digital currency payment institution that enables global businesses to pay and get paid faster, 24/7. The company holds licences from the Central Bank of Singapore and the Central Bank of France, which are passported across all EU member states.

The partnership aligns with the shared vision of both Triple-A and Zodia Markets to drive innovation in the financial sector while upholding the highest regulatory compliance standards. Both Zodia Markets and Triple-A aim to make digital assets more accessible to companies in a safe and secure manner.

“We are thrilled to announce our partnership with Triple-A, where we combine our institution-first digital asset marketplace with their licensed payment gateway. We are enthusiastic about the opportunities this partnership will create for corporate clients, enabling them to accept digital assets and stablecoins as payment for goods and services through Triple-A,” shared Nick Philpott, COO and Co-Founder of Zodia Markets.

“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,” added Philpott.

Eric Barbier, CEO of Triple-A, 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.”

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