Crypto.com launches US institutional custody service
Dubbed Crypto.com Custody Trust Company, the chartered trust is eligible to custody assets for US institutions and high-net-worth individuals
Crypto.com has launched an institutional cryptocurrency custody service in the United States as part of a broader plan to expand its US presence, the crypto exchange said on Dec. 23.
Dubbed Crypto.com Custody Trust Company, the chartered trust is eligible to custody assets for US institutions and high-net-worth individuals, Crypto.com said.
Digital assets held by Crypto.com’s US and Canadian customers will migrate to Crypto.com Custody Trust Company “over the coming weeks,” the exchange said.
“This step reflects our confidence in the North America[n] market,” Kris Marszalek, Crypto.com’s CEO, said in a statement.
It also advances Crypto.com’s roadmap for “building our business and presence in two of the most important and active crypto markets in the world — the US and Canada,” Marszalek said.
