Zodia Custody, a leading cryptocurrency custody provider, has acquired Tungsten Custody Solutions, a digital asset custodian based in the United Arab Emirates. The acquisition, announced on Zodia Custody's website, allows Zodia to expand its services into the rapidly growing UAE market. While the acquisition price remains undisclosed, the deal provides Zodia Custody with Tungsten's license from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). This strategic move signifies Zodia Custody's commitment to providing secure and regulated digital asset custody solutions globally. The UAE is increasingly becoming a hub for cryptocurrency and blockchain innovation, making it a key location for Zodia's expansion. The FSRA license allows Zodia Custody to offer its institutional-grade custody services within the ADGM regulatory framework, fostering trust and confidence in the region's digital asset ecosystem. ```