Category: Technology

Crypto. com filed an application with the U. S. Office of the Comptroller of the Currency (OCC) to become a National Trust Bank in a major push to expand its custody and staking services for corporate and institutional investors. Digital assets meet tradfi in London at the fmls25Expanding Custody and StakingThe charter would reportedly allow the crypto exchange to offer custody and staking across multiple blockchains and digital asset protocols, including Cronos. The company aims to attract Digital Asset Treasuries, Exchange Traded Funds, and other institutional clients, providing a federally regulated alternative for managing digital assets.“Building the Crypto. com product and service portfolio through regulated and secure offerings has been our focus since day one,” said Kris Marszalek, Co-Founder and CEO of Crypto. com. “We are excited to take this next step by filing for a National Trust Bank Charter and look forward to continuing to pursue opportunities to provide customers with the trusted services they require.”The filing will not affect Crypto. com Custody Trust Company’s ongoing operations. The company remains a Qualified Custodian regulated by the New Hampshire Banking Department. A Step Toward Institutional LeadershipBy pursuing federal regulation, Crypto. com aims to position itself as a custody partner for corporate investors while maintaining flexibility to innovate in digital asset management. Expect ongoing updates as this story evolves. This article was written by Jared Kirui at www. financemagnates. com.