Crypto.com Gives XYO the Vault Treatment, Because Even DePIN Needs a Safety Deposit Box 🔐
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Crypto.com Gives XYO the Vault Treatment, Because Even DePIN Needs a Safety Deposit Box 🔐

Crypto.com Custody will provide institutional-grade custody and liquidity solutions for the XYO ecosystem, the companies announced on July 27th, 2026, expanding regulated access to tokens underpinning one of the world's largest consumer decentralized physical infrastructure networks. The arrangement covers custody for both XYO and XL1, enabling eligible institutions and high-net-worth clients to hold the assets through an end-to-end service built around security, regulatory compliance, and operational efficiency.

Assets held under the service will be stored in client-segregated multi-party computation wallets belonging to a bankruptcy-remote entity, with private keys protected by MPC executing inside trusted execution environments. Institutions can trade through Crypto.com's institutional products while assets remain in custody, removing the operational step of transferring funds onto an exchange before execution. "Digital asset organizations require a custodial solution that delivers both unmatched security and seamless liquidity. We are pleased to support XYO by ensuring their ecosystem is safeguarded with institutional-grade custody and ready for global scale," said Eric Anziani, President and Chief Operating Officer of Crypto.com.

The expansion follows several steps in Crypto.com's institutional buildout. In February 2026, Crypto.com received conditional approval from the Office of the Comptroller of the Currency to charter Crypto.com National Trust Bank, joining BitGo, Circle, Ripple and Paxos among crypto firms approved to operate federally regulated trust institutions. Its existing custody arm, Crypto.com Custody Trust Company remains a qualified custodian regulated by the New Hampshire Banking Department. In July 2026, Citadel Securities invested $400 million at a $20 billion valuation in the company's first institutional funding round since 2016, capital directed toward expansion into tokenized securities and derivatives.

XYO, founded in 2016, operates a consumer DePIN network of more than 10 million nodes producing verifiable, real-world data for AI, robotics, logistics and physical infrastructure. XYO secures and incentivises data validation across the network, while XL1 powers transactions, gas fees and blockchain infrastructure. Crypto.com Custody will provide institutions with a regulated pathway to hold both assets as adoption of verifiable real-world data accelerates.

The firms framed the custody expansion as a continuation of an existing commercial relationship. "We've had a great relationship with Crypto.com since listing XYO on their exchange, and expanding into custody for XL1 and XYO together is a natural next step. As we build out infrastructure for AI, robotics, and decentralized machine intelligence, having our digital assets XYO and XL1 backed by enterprise-grade security is essential. Working with one of the most trusted names in the industry positions XYO alongside the institutional players shaping what comes next, and gives builders and enterprises confidence to build on our network," said Markus Levin, Co-founder of XYO Network.

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$XYO$XL1
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