Crypto.com Seeks U.S. National Trust Bank Charter
- Crypto.com applies for a U.S. National Trust Bank Charter.
- Aims to offer regulated custody services.
- Could attract major institutional investments.
Crypto.com filed for a National Trust Bank Charter with the U.S. Office of the Comptroller of the Currency on October 24, 2025, to expand its regulated digital asset services.
This move aims to bolster Crypto.com’s institutional offerings and enhance trust among investors, aligning it with other industry players like Coinbase and Circle in seeking broader regulatory approval.
Crypto.com’s Charter Application
Crypto.com has filed an application for a National Trust Bank Charter with the U.S. Office of the Comptroller of the Currency (OCC). This move aims to allow Crypto.com to provide federally regulated services across the U.S.
Kris Marszalek, Co-Founder and CEO of Crypto.com, stated that this step is in line with building trusted services for customers. Crypto.com, founded in 2016, is renowned for compliance and customer protection.
Impact on Institutional Clients
The company’s charter application could significantly impact institutional clients by offering regulated custody and staking services. This step aligns with the broader trend among crypto firms seeking a single regulatory system. As noted in a Coin Law article, “The move follows a broader trend of crypto firms seeking a single federal regulatory regime to enhance clarity, bypassing state-level patchworks.”
If approved, the charter could encourage institutions to allocate capital to Digital Asset Treasuries and Exchange-Traded Funds (ETFs) via Crypto.com, potentially affecting broader market dynamics and asset flows.
Regulatory Impact
Historically, similar applications by firms like Anchorage Digital Bank boosted institutional confidence. Positive regulatory decisions usually enhance the perceived legitimacy of crypto assets, impacting trade volumes and overall market sentiment.
Approval of Crypto.com’s application could lead to increased regulatory acceptance and technological advancement within the cryptocurrency sector. This move may parallel past trends, where market growth followed regulation-oriented expansions. Kris Marszalek expressed, “Building the Crypto.com product and service portfolio through regulated and secure offerings has been our focus since day one. We are excited to take this next step by filing for a National Trust Bank Charter and look forward to continuing to pursue opportunities to provide customers with the trusted services they require.”
