Crypto.com has obtained a trust company charter. This enables custody services for institutions and high-net-worth clients in the U.S. and Canada.
This move strengthens the company’s business and presence in two of the most active crypto markets globally. Let’s discover more about this important news for Crypto.com
Seamless Transition to Crypto.com Custody Trust
Over the next few weeks, all digital assets of U.S. and Canadian customers will be transferred to the newly established custody trust company. Users affected by this transition will retain full access to their accounts and funds. This is before, during, and after the switch. Crypto.com plans to keep everyone in the loop throughout the process. This will ensure a smooth transition for all users.
“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,” said Kris Marszalek, co-founder and CEO of Crypto.com. “This step reflects our confidence in the North American market. And we look forward to continuing to enhance and innovate the market for our customers in the market.”
https://t.co/vCNztATSCO launched its U.S. Trust Company, https://t.co/vCNztATSCO Custody Trust Co.
This is a big step in building our business and presence in two of the most important and active crypto markets in the world – the U.S. and Canada.
Read more here:… pic.twitter.com/ivH36wnO2k
— Crypto.com (@cryptocom) December 23, 2024
So, by gaining the trust company charter, Crypto.com positions itself as a reliable partner for institutions looking for secure custody solutions.
More About Crypto.com
Predicting the outcome of The Big Game just got a lot more exciting with Sports Event Trading, now available across the U.S. with this new product by Crypto.com. By making correct predictions, you can turn them into profit with a US$100 payment for each event contract you own.
Predicting the outcome of The Big Game just got a lot more interesting
Turn correct predictions into profit with Sports Event Trading, now available across the US
US$100 payment for each correct event contract you own
Simple Yes/No decision
CFTC-regulated… pic.twitter.com/gUaHyycOnf
— Crypto.com (@cryptocom) December 23, 2024
So, the process is simple, with just a Yes/No decision to make, and all trades are backed by a CFTC-regulated derivatives product, ensuring security. Plus, you can trade using USD or convert your crypto. This makes it a flexible and engaging way to get involved in sports predictions.
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This articles is written by : Fady Askharoun Samy Askharoun
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