Crypto.com is the latest digital assets company to apply for a national trust bank charter with the Office of the Comptroller of the Currency.
Crypto.com said in a press release that it is pursuing the charter to advance its custody technology and related customer offerings, including custody and staking of assets across blockchains and digital asset protocols.
“Building the Crypto.com product and service portfolio through regulated and secure offerings has been our focus since day one,” Kris Marszalek, the company’s co-founder and CEO, said in the release. “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.”