United States Expansion: Crypto.com Launches Institutional Cryptocurrency Custody Service

Crypto.com has announced the expansion of its services in the United States by introducing a new cryptocurrency custody service specifically designed for institutional investors. The new entity, Crypto.com Custody Trust Company, aims to cater to the growing demand for secure and reliable digital asset storage solutions from US institutions and high-net-worth individuals.

According to the company’s statement, the new platform will allow institutional clients to easily manage their digital assets, ensuring maximum security, transparency, and compliance with regulatory requirements. The service is designed to provide an end-to-end solution for institutional investors seeking to gain exposure to the cryptocurrency market while maintaining control over their assets.

The CEO of Crypto.com, Kris Marszalek, highlighted the significance of this move by emphasizing the importance of North America as a key region in the global crypto market. He stressed that the company is confident in its ability to provide cutting-edge services to institutional investors in these markets, further solidifying its presence in the region.

The company has also announced that it will be transitioning digital assets from US and Canadian customers to this new platform in the coming weeks. This move underscores Crypto.com’s commitment to providing a comprehensive suite of services tailored to the unique needs of its clients, ensuring seamless access to the growing cryptocurrency market.

Crypto.com’s decision to expand its custody service in the US reflects the increasing demand for reliable digital asset storage solutions from institutional investors.

Source: coinpedia.org