Digital Assets : Crypto.com Selected By Plasma For Institutional Custody And Liquidity
Crypto.com announced that Plasma, a Layer 1 blockchain optimized for stablecoins, has selected Crypto.com Custody to provide secure custody and liquidity services for its digital assets.
This partnership aims to deliver “institutional-grade security, compliance, and seamless asset management across Plasma’s global network.”
Crypto.com Custody offers custody services to “eligible institutions and high-net-worth clients through a comprehensive, end-to-end solution with safety and security at its core.”
Through this integration, institutions can securely custody XPL, the native token of the Plasma blockchain, which is “used to facilitate and be used in transactions and to reward validators.”
Institutions will be able to…
