Crypto.com Custody Launches Institutional Custody for XYO and XL1 Tokens
Crypto.com Custody announced that it will provide institutional-grade custody and liquidity services for the XYO and XL1 digital assets. The tokens will be stored in client‑segregated multi‑party computation (MPC) wallets held by a bankruptcy‑remote entity, allowing institutions to keep assets in cold storage while accessing Crypto.com’s trading liquidity.
The service follows Crypto.com’s recent regulatory progress: the Office of the Comptroller of the Currency gave the firm conditional approval to charter Crypto.com National Trust Bank in February 2026, and its existing custody arm is regulated by the New Hampshire Banking Department. Earlier in July 2026, Citadel Securities invested $400 million in Crypto.com at a $20 billion valuation, supporting the company’s expansion into tokenized securities and derivatives.
XYO Network operates a decentralized physical infrastructure network (DePIN) with more than 10 million nodes that provide verifiable real‑world data for AI and robotics applications. XL1, the network’s utility token, is making its first listing on a major exchange. Crypto.com President and COO Eric Anziani highlighted the partnership as essential for safeguarding the ecosystem, while XYO co‑founder Markus Levin called the custodial solution a foundation for future AI and machine‑intelligence infrastructure.
Entities: Citadel Securities · Crypto.com · Eric Anziani · Markus Levin · XL1 · XYO Network
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 2 SOURCES] Citadel Securities invested $400 million in Crypto.com at a $20 billion valuation in July 2026. (Crypto.com announcement)
- [○ 1 SOURCE] Crypto.com Custody is regulated by the New Hampshire Banking Department. (regulatory compliance information)
- [● 2 SOURCES] Assets will be held in client‑segregated MPC wallets managed by a bankruptcy‑remote entity. (custody service details)
- [○ 1 SOURCE] Markus Levin, co‑founder of XYO, said the custodial arrangement is essential for the network’s growth in AI, robotics and decentralized machine intelligence. (public statement)
- [○ 1 SOURCE] XYO operates a decentralized physical infrastructure network with more than 10 million nodes. (Crypto.com announcement)
- [● 3 SOURCES] Crypto.com Custody will provide institutional-grade custody and liquidity services for XYO and XL1 tokens. (Crypto.com announcement)
- [● 2 SOURCES] Eric Anziani is President and COO of Crypto.com. (Crypto.com announcement)
- [● 2 SOURCES] The Office of the Comptroller of the Currency gave Crypto.com conditional approval to charter a national trust bank in February 2026. (Articles 1 and 3)
- [○ 1 SOURCE] The announcement marks XL1’s first listing on a major exchange since its token sale. (Article 3)
- [● 2 SOURCES] Assets will be held in client‑segregated MPC wallets of a bankruptcy‑remote entity. (All articles)
- [● 3 SOURCES] Crypto.com Custody will provide institutional‑grade custody services for the XL1 token. (All articles)
- [● 3 SOURCES] Crypto.com Custody will provide institutional‑grade custody services for the XYO token. (All articles)