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Crypto.com Expands in the US with New Custody Service for Institutions
In a significant move aimed at strengthening its foothold in the region, Crypto.com has announced the launch of a cryptocurrency custody service specifically designed for institutions and high-net-worth individuals in the United States. The new service, dubbed Crypto.com Custody Trust Company, is set to play a crucial role in the company’s plans to expand its presence in North America.
According to reports, digital assets from both US and Canadian customers will be transitioned to this platform over the coming weeks. CEO Kris Marszalek emphasized the importance of these regions as key players in the global crypto market, highlighting the company’s growing confidence in the US and Canada.
The move is seen as a strategic expansion for Crypto.com, which aims to capitalize on the increasing demand for institutional-grade cryptocurrency custody solutions in the region. This new service will enable institutions to securely store their digital assets while providing seamless access to the broader crypto ecosystem.
Crypto.com has been steadily building its presence in the US and Canada, with this latest initiative demonstrating a deep commitment to growth in these markets. The company’s CEO expressed optimism about the prospects for growth in North America, stating that the region is poised for significant expansion in the coming years.
The launch of Crypto.com Custody Trust Company is expected to bring numerous benefits to institutions seeking secure and reliable cryptocurrency custody solutions. By providing a comprehensive platform catering specifically to their needs, Crypto.com aims to establish itself as a dominant player in this space.
In related news, the company has also announced that digital assets from both US and Canadian customers will be transitioned to this platform over the coming weeks.
Source: coinpedia.org
