[United States], [January 27], 2025 – Crypto.com, trusted by more than 100 million customers worldwide and the industry leader in regulatory compliance, security and privacy, is excited to announce the launch of Crypto.com Custody services, the group’s institutional-grade custody offerings serviced out of the United States and Singapore. These custodians are tailored towards institutional users who require custodial services.
Having safeguarded digital assets since the group’s founding, Crypto.com’s custody offerings are built on battle-tested technology, now made available to external clients, supporting the same comprehensive suite of tokens as its broader platform. U.S. and Canadian institutional clients can safely secure their assets in Crypto.com Custody Trust Company, a Qualified Custodian chartered by the New Hampshire Banking Department as a non-depository trust company, while institutional clients outside of the US and Canada can leverage the services of Crypto.com Custody Singapore*, a Singapore company operating under the supervision of the Monetary Authority of Singapore.
“Safety and security have been core pillars of our offering since our inception,” said Kris Marszalek, Co-founder and CEO of Crypto.com. “We have invested significantly in continuing to enhance our capabilities and offerings while never compromising the integrity of our platform. Our institutional custody offering is our latest significant step in providing clients the best and most comprehensive digital asset platform available.”
The Crypto.com Custody platform is designed for safety and ease of use, and securely interacts with the custodian’s client-segregated MPC wallets to provide end-to-end security. Private key protection is based on a proprietary MPC implementation that includes randomization and execution within trusted execution environments (TEE).
The offering implements compliance toolkits to ensure all assets and transactions meet global AML/CFT standards and localized regulatory requirements. Additionally, the group has in place a broad range of insurance coverage to ensure remote risk scenarios are covered, ranging from Cyber, Tech Errors & Omissions, Fidelity / Crime Bond, and cold wallet insurance.
As part of providing a comprehensive end-to-end digital asset solution, Crypto.com Custody customers will also soon be able to seamlessly trade on Crypto.com’s industry-leading institutional products while assets sit safely in the client-segregated custodian wallets of a bankruptcy-remote entity.
Interested parties can begin submitting their contact requests at crypto.com/custody.
About Crypto.com
Founded in 2016, Crypto.com is trusted by more than 100 million customers worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation.
Learn more at https://crypto.com/us
*Provided by Foris DAX SG Pte. Ltd.
