Crypto.com has announced the launch of a new cryptocurrency custody service in North America, targeting institutional clients and high-net-worth individuals.
New Services for U.S. and Canada
On December 23, Crypto.com announced that they would offer digital asset management services to U.S. and Canadian customers. CEO Kris Marszalek emphasized the importance of the North American market for the growth of the crypto industry, stating they will migrate clients' digital assets to the new platform in the coming weeks.
Features of Crypto.com Custody Trust Company
The company will act as a chartered trust company with strict regulatory standards. The new platform will offer enhanced security measures like multi-signature wallets and cold storage, as well as insurance for digital assets.
Expansion Beyond Custody Services
Crypto.com is actively expanding its offerings by acquiring companies. The recent acquisition of Australia's Fintek Securities now allows the company to offer equity trading alongside cryptocurrencies, giving investors an opportunity to diversify their portfolios.
Crypto.com is solidifying its position in the digital asset market, showing a commitment to working closely with regulators, further enhancing its market presence and attracting new investments.
