Zodia Custody says it is partnering with Programmable Credit Protocol (PCP), to enable secured digital and tokenized asset lending.
Zodia Custody reports that it has integrated PCP’s credit-orchestration infrastructure into its Solutions platform, enabling secured lending. Clients of Zodia Custody’s Solutions are said to be able to access more flexible credit services to their customers.
Julian Sawyer, CEO at Zodia Custody, says custody must grow beyond secure holdings to support capital efficiency. A programmable credit workflow is a “clear evolution” of their mission to support institutions and digital assets.
Rico van der Veen, CEO at PCP, noted that PCP can directly support credit workflows, rather than a separate platform.
Backed by Standard Chartered, there is an expectation that tokenised asset markets will reach $30 trillion by 2034.
Zodia Custody states that it is currently the only custodian participating in the PCP’s pilot with Canton Network Foundation, which offers custody-native programmable credit workflows to banks.
