Zodia Markets, Standard Chartered's crypto subsidiary, is in talks to acquire Elwood Capital Management, a crypto company backed by hedge fund billionaire Alan Howard, Bloomberg reported, citing “people with knowledge of the matter.”Although the deal has not been officially confirmed yet, it is reportedly expected to be closed before the end of this month. However, the financials and other details of the deal remain unknown.An OTC Crypto Service ProviderElwood Capital offers over-the-counter crypto trading and settlement services.