- Application for U.S. National Trust Bank Charter submitted by Crypto.com.
- Potential to enhance Crypto.com’s institutional asset services.
- Market interest observed in related cryptocurrency assets.
Crypto.com has filed for a national trust bank license with the U.S. Office of the Comptroller of the Currency, aiming to expand federally regulated digital asset services.
If granted, the charter could enhance institutional access to custody and staking services, potentially impacting major cryptocurrencies like Bitcoin and Ethereum by increasing regulated inflows.
Crypto.com Aims for Federal Charter to Boost Digital Services
According to official reports, Crypto.com has taken a substantial step in its strategic plan by applying for a National Trust Bank Charter, joining the ranks of Coinbase and Ripple in pursuing federal regulation. CEO Kris Marszalek emphasized that regulated and secure offerings have been a focus from the company’s inception, reflecting the firm’s commitment to trusted services.
This filing, if approved, could allow Crypto.com to deliver federally regulated digital asset solutions across multiple blockchains and protocols. Such an expansion might attract institutional clients interested in deeper partnerships, including those involving Exchange Traded Funds (ETFs) and Digital Asset Treasuries (DAT).
Cronos (CRO), Crypto.com’s native token, experienced a brief price increase following the announcement. However, significant on-chain data or liquidity shifts tied to this development were not immediately evident. The company’s official statements suggested a desire for growth rather than competition within the banking sector, as no other executives commented publicly during the reporting period.
Cronos Token Sees Uptick Amid Trust Bank Charter Pursuit
Did you know? Similar filings for National Trust Bank Charters by Coinbase and Ripple have historically led to increased institutional crypto adoption, though approval timelines and impacts vary.
CoinMarketCap data indicates that as of October 24, 2025, Cronos (CRO) trades at $0.15, with a market cap of 5,320,363,680, and accounts for 0.14% of market dominance. Observing a 2.54% 24-hour price increase, CRO trades with a 17.69% rise in 24-hour trading volume amounting to 31,383,668. Notably, CRO’s three-month trend reflects a 5.17% gain despite a 26.79% drop over 30 days.
Cronos(CRO), daily chart, screenshot on CoinMarketCap at 19:00 UTC on October 24, 2025. Source: CoinMarketCapFrom the Coincu research team, strong indicators suggest positive financial outcomes for institutional asset inflow into Crypto.com, provided regulatory relief occurs. Historical trends have shown that federally regulated services increase market confidence but require time for actual inflows to manifest significantly.
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Source: https://coincu.com/news/cryptocom-us-trust-bank-license/
