KEY TAKEAWAYS
- Crypto.com launches a U.S. trust company to offer custody services to institutions and high net worth clients in the U.S. and Canada.
- The new trust company aims to enhance Crypto.com’s service offerings in two of the most active crypto markets globally.
- CEO Kris Marszalek emphasizes the company’s commitment to innovation and confidence in the North American market.
- Crypto.com focuses on regulatory compliance, security, and privacy as it expands its global presence.
Crypto.com, a prominent player in the cryptocurrency industry, has announced the launch of its U.S. trust company, Crypto.com Custody Trust Company. This move allows the company to offer custody services to eligible institutions and high net worth clients in the United States and Canada.
By obtaining a trust company charter, Crypto.com aims to enhance its service offerings in two of the most active crypto markets globally. Over the coming weeks, digital assets of U.S. and Canadian customers will be transferred to the new trust company for custody. Customers will be contacted regarding this transition, and they will retain full access to their accounts and funds throughout the process.
Kris Marszalek, co-founder and CEO of Crypto.com, stated, “Launching a U.S. trust company is our latest significant step in our product roadmap to building our business and presence in two of the most important and active crypto markets in the world – the U.S. and Canada.” He emphasized the company’s confidence in the North American market and its commitment to innovation.
The announcement was made here, highlighting Crypto.com’s focus on regulatory compliance, security, and privacy as it continues to expand its global footprint.
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