Crypto.com has launched a new regulated custody service called Crypto.com Custody Trust Company, specifically designed for its U.S. and Canadian customers and institutions. This move comes after Crypto.com received a trust company charter, allowing them to provide custody services to eligible clients.
With Crypto.com Custody Trust Company, Crypto.com aims to provide a secure and regulated environment for users to hold their digital assets. In the coming weeks, all U.S. and Canadian customer digital assets will be transitioned to Crypto.com Custody Trust Company. Users will be contacted throughout this process to ensure a smooth transition.
Crypto.com’s launch of a U.S. trust company signifies a major step in their plan to solidify their presence in North America, one of the most important cryptocurrency markets globally. This new service caters to both individual high-net-worth clients and institutions.
Overall, Crypto.com Custody Trust Company strengthens Crypto.com’s commitment to regulatory compliance and security within the cryptocurrency industry.
