The move is part of the exchange’s broader plan to expand its US presence following the election of Donald Trump.
Crypto.com has launched an institutional cryptocurrency custody service in the United States as part of a broader plan to expand its US presence, the crypto exchange said on Dec. 23.
Dubbed Crypto.com Custody Trust Company, the chartered trust is eligible to custody assets for US institutions and high-net-worth individuals, Crypto.com said.
Digital assets held by Crypto.com’s US and Canadian customers will migrate to Crypto.com Custody Trust Company “over the coming weeks,” the exchange said.
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