Zodia Custody acquires Tungsten to expand into the UAE market

Odaily Planet Daily reports that Zodia Custody has announced the acquisition of UAE-based institution Tungsten Custody Solutions. The specific acquisition amount has not been disclosed. This transaction aims to strengthen Zodia Custody’s presence in the Middle East, building on its existing license in the Abu Dhabi Global Market (ADGM), and to accelerate its business expansion in the UAE. (NFTgators)