Crypto.com, a trusted leader in digital assets with over 100 million users worldwide, is expanding its institutional-grade custody services with a global launch. This new offering allows institutional clients to safely secure their digital assets through a highly secure, regulated platform.
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Launching from the United States and Singapore, Crypto.com Custody is designed to meet the needs of institutional clients requiring top-tier custodial services. Built on the same battle-tested technology that has safeguarded digital assets for the company since its inception, the platform now opens its doors to external clients, providing access to a full range of supported tokens.
U.S. and Canadian institutions can store assets with Crypto.com Custody Trust Company, a Qualified Custodian approved by the New Hampshire Banking Department. For those outside North America, Crypto.com Custody Singapore offers services under the supervision of Singapore’s Monetary Authority.
Kris Marszalek, Co-founder and CEO of Crypto.com, highlighted the company’s unwavering focus on security:
“Safety and security have been core pillars of our offering since our inception. We’ve invested heavily in continuously enhancing our platform to provide the best and most comprehensive digital asset services for our clients.”
Kris Marszalek, Co-founder & CEO of Crypto.com
Advanced Security and Compliance for Client Assets
Crypto.com Custody’s platform is designed for both safety and simplicity. Clients’ assets are protected through segregated Multi-Party Computation (MPC) wallets, featuring advanced key protection techniques such as randomization and trusted execution environments (TEEs). Additionally, the platform adheres to global anti-money laundering (AML) and counter-financing of terrorism (CFT) regulations, ensuring that assets and transactions comply with international standards.
To further safeguard clients, Crypto.com offers a robust insurance policy that covers a variety of remote risk scenarios, including cyber threats, technology errors, crime, and cold wallet insurance.
As part of its all-encompassing digital asset solution, Crypto.com Custody clients will soon be able to trade seamlessly on Crypto.com’s industry-leading institutional products, all while their assets remain secure in bankruptcy-remote, client-segregated custodian wallets.
Interested institutional clients can start submitting contact requests at crypto.com/custody.
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About Crypto.com
Founded in 2016, Crypto.com has become a trusted leader in digital assets, serving over 100 million customers globally. The company is committed to driving cryptocurrency adoption through innovation, providing a secure platform for users to buy, sell, and manage their digital assets. Learn more at crypto.com/us.
Crypto.com Custody Unveils Global Launch for Institutional Clients
blockster.com
27 January 2025 13:32, UTC