Julian Sawyer will step down as chief executive officer of institutional digital-asset custodian Zodia Custody and become a strategic advisor, ending plans announced in May for him to lead Zodia Solutions. Chief Revenue Officer Richard Clark will oversee custody operations and lead the business transition to Standard Chartered, while Craig Perrin and Anoosh Arevshatian will lead development of Zodia Solutions. Sawyer told employees on Sept. 10 that Standard Chartered's acquisition of Zodia's custody business and the creation of Zodia Solutions provided a natural point to hand over daily leadership. The proposed transaction would place Zodia's regulated custody activities in Standard Chartered's Financing and Securities Services division and separate its infrastructure platform into Zodia Solutions under SC Ventures. Completion, previously expected by the end of August, remains subject to regulatory approvals and customary closing conditions.