Crypto.com Expands Custody Services to Include XYO Tokens
Crypto.com has expanded its institutional-grade custody services to include XYO tokens. The move allows eligible institutional investors and high-net-worth clients to hold XYO ecosystem tokens through Crypto.com Custody.
XYO Network is a decentralized physical infrastructure network, and Crypto.com said its custody platform will support both XYO and XL1, the network's dual-token model. XYO secures and incentivizes data validation across the network, while XL1 powers transactions and network operations.
'Digital asset organizations require a custodial solution that delivers both unmatched security and seamless liquidity,' said Eric Anziani, President and COO of Crypto.com. 'We are pleased to support XYO by ensuring their ecosystem is safeguarded with institutional-grade custody and ready for global scale.'