Crypto.com has recently launched a new institutional cryptocurrency custody service, known as Crypto.com Custody Trust Company, in the United States.
This new service is specifically designed to hold and manage assets for institutions and high-net-worth individuals from both the US and Canada.
On December 23, the exchange announced that digital assets held by its US and Canadian customers will be transferred to the new custody service in the coming weeks.
In a statement, CEO Kris Marszalek emphasized the significance of this move and expressed confidence in the North American market.
He sees it as a crucial step in their product roadmap towards building a stronger business and presence in two of the world’s most active crypto markets: the US and Canada.
This announcement comes after a series of strategic steps taken by Crypto.com to expand its operations in the US. Recently, in December, Marszalek met with US President-elect Donald Trump to discuss crypto policies, and the company also dropped its lawsuit against the US SEC, indicating its willingness to collaborate on future regulations.
