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Standard Chartered’s Zodia Custody Partners With Dubai Insurance to Launch Crypto Wallet in UAE

Standard Chartered’s Zodia Custody Partners With Dubai Insurance to Launch Crypto Wallet in UAE

Author:

Global Cryptocurrency

Published:

2026-01-28 18:00:02

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BTCCSquare news:

Zodia Custody, the digital asset custody arm of Standard Chartered, has teamed up with Dubai Insurance to introduce a cryptocurrency-enabled digital wallet for the UAE insurance market. The solution allows policyholders to pay premiums and receive claims in digital assets, marking a significant step toward operational modernization in the sector.

The wallet leverages regulated infrastructure to ensure compliance while streamlining insurance workflows. Dubai Insurance CEO Abdellatif Abuqurah framed the initiative as part of the UAE's broader digital transformation agenda, positioning it as a milestone for both the company and the regional insurance industry.

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