
Crypto.com has made a significant move by introducing a cryptocurrency custody service specifically designed for institutions and high-net-worth individuals in the United States. This announcement was made public on December 23, marking a notable expansion of the company’s presence in the North American market.
The newly launched Crypto.com Custody Trust Company aims to provide secure storage solutions for digital assets held by US and Canadian customers. The transition process will begin shortly, with all affected accounts moving to this platform within the next few weeks.
According to CEO Kris Marszalek, the company’s decision to enter the US market is a testament to their confidence in the region’s potential as a key player in the global crypto landscape. This move aligns with Crypto.com’s broader strategy of strengthening its presence and growing its business in North America.
The introduction of this service is an important step forward for Crypto.com, as it underscores the company’s commitment to catering to the needs of institutional investors and high-net-worth individuals who are increasingly seeking professional-grade custody solutions for their digital assets.
Source: coinpedia.org