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Crypto.com Files for OCC National Trust Bank Charter to Expand Institutional Custody and Staking

The move targets institutional demand for federally supervised crypto custody.

Overview

  • Crypto.com submitted its application on October 24, 2025 to the Office of the Comptroller of the Currency for a National Trust Bank Charter.
  • The charter would enable regulated custody and staking across multiple blockchains, including support for the Cronos network, targeting treasuries, ETFs, and corporate clients.
  • The company said its Crypto.com Custody Trust Company will continue operating as a qualified custodian under New Hampshire’s Banking Department.
  • The firm emphasized it does not plan to function as a traditional deposit‑taking bank, focusing instead on expanding its regulated custody offering.
  • The filing joins similar federal charter bids by Ripple, Circle, and Coinbase and is now under OCC review with no stated decision timeline.