Crypto.com, a well-renowned cryptocurrency exchange, has recently announced the launch of its 'Crypto.com Custody Trust Company'. This move marks the company's entry into the custody services arena, allowing eligible institutions and high-net-worth individuals in the United States and Canada to securely store and manage their digital assets. By establishing this trust, Crypto.com aims to address the increasing demand for institutional-grade custody solutions within the cryptocurrency ecosystem. The company's commitment to security and compliance is evident in its choice of Northern Trust as the independent custodian for its custody services. This announcement comes amidst a period of rapid growth and expansion for Crypto.com. The company has recently secured regulatory approvals and licenses in several jurisdictions, including the United States, Canada, and the United Kingdom. The launch of its custody services further solidifies Crypto.com's position as a leading player in the cryptocurrency industry.