Zodia, RFOG & QCP team up to boost digital assets

Zodia Custody has announced collaborations with Raffles Family Office Group (RFOG) and QCP to enhance digital asset services for institutional investors.

Through this collaboration, RFOG aims to leverage Zodia Custody's global bank-backed platform for secure access to digital asset products. Raffles Family Office Group, renowned as the largest multi-family office in the region, sees the partnership as a significant advancement in its digital asset strategy.

Ray Tam, Co-founder of Raffles Family Office Group, stated, "The collaboration marks another crucial step for Raffles' digital asset strategy, following the launch of its Revo Digital Family Office platform in 2022. We aim to bridge the worlds of traditional wealth with digital innovation — but can only do so with the right infrastructure in place. Through working ecosystem providers that can combine the heritage of traditional wealth management with a digital asset-native approach, we can achieve that. This is exactly what Zodia Custody brings to the table, helping us to unleash growth and wider adoption for digital assets for APAC."

In addition to this partnership, QCP will join the Zodia Custody Gateway. As one of Singapore's pioneering digital asset trading firms, QCP will provide Zodia Custody clients with access to a variety of bespoke structured investment solutions, enhancing spot trading capabilities with deep liquidity and streamlined service execution.

Darius Sit, Founder and Chief Investment Officer at QCP, remarked, "At QCP, we're committed to being the digital asset partner of choice for institutional investors. Our integration with Zodia Custody enables us to set a new standard for excellence in the digital asset space, offering unparalleled security and innovative solutions tailored to the evolving needs of institutions like Raffles Family Office Group. As we continue to innovate, we are focused on empowering our clients with the tools they need to harness the full potential of digital assets, driving long-term growth and success in this dynamic market."

Research by Deloitte Private and Raffles Family Office Group indicates an increasing interest in digital assets. Their study suggests that cryptocurrencies and digital assets are among the top asset classes that 24% of family offices are considering for further investment, pointing to a growing trend within portfolio diversification strategies.

Kate Cooper, Head of APAC and CEO of Zodia Custody Australia, commented on the significance of the digital asset sector, saying, "Digital assets have a significant and fundamental role to play across the wealth sector. But they are still under-utilised. Regulatory guardrails have gone a long way to bolstering digital assets, but it is through working with market leaders such as RFOG and QCP that will continue to push it forward. Together, we are effectively changing the game by evolving the digital asset world in line with the best practices of traditional finance — creating the path forward for future adoption, and placing digital assets at the forefront of options for ultra-high net worth families and other institutional investors across Asia."

The collaborations align with increasing regulatory clarity in the region, providing wealth managers and accredited investors with the necessary security, compliance, and risk management assurances required to confidently engage with digital assets.