
Crypto.com Expands in the US with New Custody Service for Institutions
In a significant move, Crypto.com has announced the launch of its cryptocurrency custody service for institutional clients and high-net-worth individuals in the United States. The new service, dubbed Crypto.com Custody Trust Company, is designed to cater specifically to these demographics and aims to strengthen the company’s foothold in the region.
The digital assets held by US and Canadian customers will be transferred to this platform in the coming weeks. CEO Kris Marszalek highlighted the introduction of this service as a testament to the company’s confidence in North America, emphasizing the importance of the US and Canada as key crypto markets.
This development is part of Crypto.com’s broader plan to expand its business presence and influence in these regions. The new custody service will provide institutional clients with secure, compliant, and scalable storage solutions for their cryptocurrency assets.
With this announcement, Crypto.com demonstrates its commitment to the North American market and sets itself apart from competitors by offering a comprehensive suite of services tailored specifically to the needs of local institutional investors and high-net-worth individuals.
Source: coinpedia.org