KEY TAKEAWAYS
- Crypto.com has filed for a National Trust Bank Charter with the OCC to enhance regulatory compliance and customer protection.
- The charter aims to advance Crypto.com’s custody technology and expand offerings, including asset custody and staking across various blockchains.
- This move positions Crypto.com as a preferred custody service provider for institutional investors under federal regulation.
On October 24, 2025, Crypto.com announced that it has filed a National Trust Bank Charter application with the Office of the Comptroller of the Currency (OCC). This move represents a significant step in Crypto.com’s ongoing efforts to strengthen its regulatory compliance and customer protection measures.
The application for a National Trust Bank Charter is aimed at advancing Crypto.com’s custody technology and expanding its customer offerings. These include the custody and staking of assets across various blockchains and digital asset protocols, such as Cronos. By obtaining this charter, Crypto.com aims to position itself as a preferred custody service provider for Digital Asset Treasuries, Exchange Traded Funds, and other corporate and institutional investors, all under federal regulation.
Kris Marszalek, Co-Founder and CEO of Crypto.com, stated, “Building the Crypto.com product and service portfolio through regulated and secure offerings has been our focus since day one. We are excited to take this next step by filing for a National Trust Bank Charter and look forward to continuing to pursue opportunities to provide customers with the trusted services they require.”
This filing will not affect the operations and client services of Crypto.com Custody Trust Company, which continues to function as a Qualified Custodian regulated by the New Hampshire Banking Department as a non-depository trust company.
For more information, visit the official announcement here.
Why This Matters: Impact, Industry Trends & Expert Insights
Crypto.com’s application for a National Trust Bank Charter marks a strategic move to enhance its custody services under federal regulation, aiming to cater to institutional investors and expand its service offerings.
A Kroll report highlights the increasing regulatory clarity and institutional adoption in the crypto custody sector. The move by Crypto.com aligns with industry trends where major custodians are operating under official banking charters, enhancing trust and compliance readiness.
According to American Banker, there is a broader debate about the role of national trust charters in the crypto industry. This supports Crypto.com’s decision as it seeks to leverage federal oversight to strengthen its operational framework and regulatory compliance.
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