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Crypto.com Expands in the US with New Custody Service for Institutions
Dec 24, 2024 – Crypto.com has taken a significant step towards solidifying its position in the United States by introducing a new cryptocurrency custody service specifically designed for institutional investors.
The announcement was made on December 23, revealing the launch of Crypto.com Custody Trust Company, which aims to cater to the needs of US institutions and high-net-worth individuals. This move highlights the company’s growing commitment to the North American market.
According to the latest development, existing digital assets held by US and Canadian customers will be transitioned to this new platform in the coming weeks. The CEO of Crypto.com, Kris Marszalek, emphasized the importance of the US and Canada as key crypto markets, stating that this initiative is a testament to their confidence in these regions.
As part of its broader plan to expand its business presence in the region, Crypto.com Custody Trust Company seeks to provide institutional investors with a robust and secure platform for managing digital assets.
Source: coinpedia.org
