Crypto.com Custody added XYO and XL1 tokens to its regulated custody service, holding both assets in client-segregated MPC wallets for institutional clients and high-net-worth individuals. The announcement came weeks after Citadel Securities invested $400 million in Crypto.com at a $20 billion valuation in July 2026. In February 2026, the Office of the Comptroller of the Currency (OCC) gave Crypto.com conditional approval to charter Crypto.com National Trust Bank, positioning the platform alongside Bitgo, Circle, Ripple, and Paxos among firms cleared to operate federally regulated trust institutions.
Crypto.com Custody Implements Segregated MPC Wallet Structure
According to the announcement, assets will sit in client-segregated MPC wallets held by a bankruptcy-remote entity. Private keys are protected through multi-party computation that runs inside trusted execution environments. Clients get cold storage, audit trails, and access to Crypto.com's institutional liquidity while their holdings stay in custody. The arrangement removes the operational step of transferring funds to an exchange before executing a trade, giving eligible institutions and high-net-worth clients a regulated path to store, manage, and swap both tokens.
Citadel Securities Invested $400 Million in July 2026
Citadel Securities invested $400 million in Crypto.com at a $20 billion valuation in July 2026, marking the company's first institutional funding round since 2016. Crypto.com said the capital supports expansion into tokenized securities and derivatives. Eric Anziani, President and Chief Operating Officer of Crypto.com, stated that digital asset organizations require a custodial solution that delivers both security and liquidity. XYO Co-Founder Markus Levin explained that the relationship started when XYO first listed on Crypto.com's exchange. Levin remarked that having digital assets XYO and XL1 backed by enterprise-grade security is essential as the company builds out infrastructure for AI, robotics, and decentralized machine intelligence.
OCC Granted Conditional Trust Bank Charter in February 2026
In February 2026, the Office of the Comptroller of the Currency (OCC) gave Crypto.com conditional approval to charter Crypto.com National Trust Bank. The approval places Crypto.com among firms cleared to run federally regulated trust institutions. Its existing custody arm, Crypto.com Custody Trust Company, remains a qualified custodian under the New Hampshire Banking Department.
XYO Network Operates Ten Million Nodes for Real-World Data
XYO, founded in 2016, runs one of the largest consumer DePIN networks in operation, with more than ten million nodes producing verifiable, real-world data used in AI, robotics, logistics and physical infrastructure. XL1 handles transactions, gas fees, and blockchain infrastructure for that specific network. For institutions weighing exposure to DePIN and real-world-data tokens, the custody agreement removes a common barrier: proving that a smaller-cap asset can be held under the same regulatory and security standards as larger tokens.
Frequently Asked Questions
What did Crypto.com Custody announce regarding XYO and XL1?
Crypto.com Custody announced that it now holds XYO and XL1 in client-segregated MPC wallets for institutional clients and high-net-worth individuals, with assets held in a bankruptcy-remote entity and private keys protected through multi-party computation running inside trusted execution environments.
When did Citadel Securities invest in Crypto.com?
Citadel Securities invested $400 million in Crypto.com at a $20 billion valuation in July 2026, marking the company's first institutional funding round since 2016.
What regulatory approval did Crypto.com receive in February 2026?
In February 2026, the Office of the Comptroller of the Currency (OCC) gave Crypto.com conditional approval to charter Crypto.com National Trust Bank, positioning it among firms cleared to operate federally regulated trust institutions.
