
Crypto.com has taken a significant step forward in its expansion plans by introducing a cryptocurrency custody service specifically designed for institutions and high-net-worth individuals in the United States. This move is aimed at strengthening the company’s foothold in the region.
The newly launched Crypto.com Custody Trust Company will be responsible for safeguarding digital assets from US and Canadian customers, with an expected transition to this platform occurring over the coming weeks.
In a statement, CEO Kris Marszalek emphasized the importance of North America as a key market, expressing confidence in the region’s potential. This strategic move is part of Crypto.com’s broader plan to expand its business presence and grow its operations in these regions.
Crypto.com’s decision to enter the US institutional custody space marks a significant milestone for the company, allowing it to tap into the vast pool of institutional investors seeking secure and reliable digital asset management solutions.
With this new development, Crypto.com is poised to further solidify its position as a leader in the cryptocurrency market.
Source: coinpedia.org