# Banks Pull Crypto Custody In-House

Large banks will keep acquiring or building regulated crypto custody inside their own balance sheets, pushing specialist custodians toward technology-supplier roles and making bank supervisors the main gatekeepers of institutional crypto holdings.

- Conviction: 40 / 100 (forming)
- Horizon: Emerging (watchlist)
- Tracking since: 2026-10-22T00:00:00.000Z
- Last updated: 2026-10-22T06:40:38.876Z
- Canonical: https://polylog.news/crypto/trends/banks-absorb-crypto-custody
- Publisher: Polylog
- Affected regions: United States

## Recent evidence

- [confirms] Standard Chartered Signs Deal to Absorb Zodia Custody as Kalshi and BitGo Open Bitcoin-Backed Margin Loans (2026-10-22): Standard Chartered signed a deal to fold Zodia's regulated custody business into its securities services unit and spin Zodia's infrastructure business out under SC Ventures. A global bank is taking custody onto its own supervised platform while the specialist's technology side becomes a supplier, which is the pattern the thesis describes.