Zodia Markets Acquires Elwood’s Crypto OTC Business in New Jersey
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Zodia Markets has acquired a new crypto business. The acquisition was closed in a “landmark” deal. The newly acquired crypto business is regulated in New Jersey. Zodia Markets announced Wednesday that it acquired Elwood Capital Management Ltd (ECML) in a “landmark” deal. ECML is Elwood’s crypto OTC business based out of New Jersey and regulated by the Jersey Financial Services Commission. The trading division is known for providing liquidity solutions to various global clients, including asset managers, token foundations, and digital asset businesses. Zodia Custody Buys ECML According to a press release dated July 17, Zodia Markets has agreed
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