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Crypto.com Integrates XYO as First DePIN Network for Institutional Token Custody

Guavy AI Editorial Team
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XYO
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Crypto.com has integrated XYO as its initial DePIN network for institutional token custody. This move enables qualified high-net-worth individuals and institutional investors to use secure management and custody services for $XL1 and $XYO tokens via Crypto.com Custody.

The integration of XYO into Crypto.com underscores the platform's strategy to fortify institutional-scale digital asset offerings. By using Crypto.com Custody, users can manage and custody their $XL1 and $XYO tokens in a secure environment.

Crypto.com Custody protects digital assets via multi-party computation wallets that are user-segregated, cold storage, streamlined compliance processes, and clear audit trails. This reduces operational risks and allows institutions to efficiently carry out trades without transferring assets from secure custody.

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