ChainCatcher news, according to FinanceFeeds, Crypto.com announced the establishment of Crypto.com Custody Trust Company, which will provide digital asset custody services for qualified institutions and high-net-worth clients in the U.S. and Canada after obtaining a trust company license.

In the coming weeks, digital assets of users in the U.S. and Canada will be migrated to the newly established custody trust company, and during the migration process, users will continue to have access to their accounts and funds.