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Crypto.com has announced the launch of a new cryptocurrency custody trust service, designed specifically for institutional investors in the United States and Canada.
As part of the announcement, the company stated that all digital assets held by Canadian and US customers will be moved to Crypto.com Custody Trust Company over the coming weeks. This move is aimed at providing an institutional-grade solution for these investors, ensuring the safekeeping and management of their crypto holdings.
This development comes as no surprise, given the company’s focus on expanding its services to cater to a broader range of clients.
Marszalek, CEO of Crypto.com, met with President-elect Donald Trump earlier this month at his Mar-a-Lago property. During the meeting, they discussed policies affecting the cryptocurrency industry, Congress, and the incoming administration.
In October, the company filed a lawsuit against the US Securities and Exchange Commission (SEC) after receiving a Wells notice. The same day, Crypto.com dropped its lawsuit against the SEC.
In a tweet, Marszalek said he was honored to have had a seat at the table during his meeting with Trump.
Source: coinjournal.net
