gunnercooke’s Collaboration With Zodia Custody on Interchange

Top 70 law-firm gunnercooke has unveiled its support for Zodia Custody’s Interchange, an off-venue settlement network which connects institutions to trading, lending, borrowing and structured product opportunities, all while keeping digital assets protected, visible, and secure.

Zodia Custody is an institution-first digital assets platform with shareholders and investors including Standard Chartered, Northern Trust, SBI Holdings, National Australia Bank, and Emirates NBD. 

Led by its Financial Services & FinTech Partners, James Burnie FRSA, Nicky Androsov and Holly Joseph, gunnercooke assisted with the regulatory and contractual aspects of Interchange’s launch. 

Offering institutional-grade security, Interchange allows participants to mirror digital assets and trade directly from their trading wallets. As an off-venue settlement solution, Interchange keeps digital assets segregated until trade settlement to maximise capital efficiency and minimize both transaction costs and counterparty risk. 

James Burnie FRSA, Partner at gunnercooke said: “Supporting the development of Interchange was a rewarding experience for our team who enjoyed working alongside Zodia Custody to help bring this innovation to market.” 

“We’ve been eager to continue investment and work around innovative functions and we’re delighted to have supported a launch which represents an evolution in secure digital asset management infrastructure, one which also progresses the adoption of digital assets amongst institutions.” 

Azmina Keshani, Chief Legal Officer at Zodia Custody said: “Our goal has always been to provide solutions that allow institutions to safely and efficiently handle digital assets, and Interchange does just that by linking custody networks under a unified framework.” 

“We’re grateful to gunnercooke for their expertise and dedication behind the launch. Their guidance helped us ensure Interchange is not only operationally robust but also aligned with the highest standards of regulatory compliance.” 

This collaboration saw both companies meet the ambitions of institutions embracing the digital asset future, with the new custody network built around an established settlement model to provide a cheaper and easier way to manage assets.