Zodia Custody and Dubai Insurance Unveil Crypto Wallet for UAE Insurance Clients

Zodia Custody, a digital asset custody firm backed by Standard Chartered, has formed a partnership with Dubai Insurance to roll out a crypto-enabled digital wallet for the UAE insurance market. The wallet allows policyholders to pay premiums and receive claim settlements in digital assets within a regulated infrastructure, aiming to modernize insurance operations and enhance transparency. Dubai Insurance will use Zodia Custody's institutional-grade platform as part of its broader digital transformation strategy and alignment with the UAE's fintech ambitions.