news 
Crypto.com Expands in the US with New Custody Service for Institutions
Cryptocurrency trading platform Crypto.com has announced its expansion into the United States by introducing a cryptocurrency custody service specifically designed for institutional investors and high-net-worth individuals. This move is seen as a significant step forward for the company’s plans to strengthen its foothold in the region.
The new service, dubbed Crypto.com Custody Trust Company, will provide a secure and reliable solution for US institutions to store and manage their digital assets. The platform has already started transitioning existing US and Canadian customers to this new custody solution, with the process expected to be completed over the coming weeks.
In a statement, CEO Kris Marszalek emphasized the importance of North America as key crypto markets and expressed his confidence in the region’s potential for growth. This expansion is part of Crypto.com’s broader strategy to expand its business presence and operations in these areas.
The company has been making significant strides in expanding its global reach, with this move marking a major milestone in that journey.
Source: coinpedia.org
