Crypto.com Expands Custody Services to TON Blockchain

Crypto.com has broadened its institutional-grade custody services by incorporating support for the TON blockchain, demonstrating its dedication to the Open Network (TON) Foundation. This strategic move enables Crypto.com Custody clients to securely store and manage TON-based assets within a robust infrastructure designed to meet institutional needs. As part of this collaboration, the TON Foundation has become a client of Crypto.com Custody, benefiting from advanced security protocols aimed at effectively safeguarding digital assets.

This partnership allows users of Crypto.com Custody to stake TON tokens and earn rewards, utilizing the platform’s secure environment to maximize asset utility. Furthermore, the custody service now supports Jettons, the native tokens of the TON blockchain, including notable stablecoins such as USDT. These advancements are in line with Crypto.com’s strategic goal to promote institutional adoption and enhance operational efficiency within the TON ecosystem.

By integrating institutional-grade custody and staking for TON blockchain assets, Crypto.com is positioning itself as a key player in the digital asset custody space. This move not only enhances the security and utility of TON-based assets but also provides institutional clients with a reliable platform to manage their digital holdings. The inclusion of Jettons and stablecoins like USDT further expands the range of assets that can be securely stored and managed, catering to the diverse needs of institutional investors.

The collaboration between Crypto.com and the TON Foundation underscores the growing importance of institutional-grade custody services in the digital asset landscape. As more institutions seek secure and efficient ways to manage their digital assets, platforms like Crypto.com are well-positioned to meet these demands. The ability to stake TON tokens and earn rewards adds an additional layer of value for institutional clients, making Crypto.com Custody an attractive option for those looking to optimize their asset utility within the TON ecosystem.