Crypto.com, Backed by Citadel Securities, Transfers XYO and XL1 into Regulated Custody

cryptonews.ru2026-07-27 tarihinde yayınlandı2026-07-27 tarihinde güncellendi

Özet

Crypto.com, with backing from Citadel Securities, has placed XYO and XL1 tokens into regulated custody. This move provides eligible institutions and high-net-worth clients with a regulated mechanism for storing, managing, and exchanging these tokens without first having to transfer assets onto an exchange. The custody structure utilizes segregated MPC wallets managed by a bankruptcy-remote entity, with private keys secured via multi-party computation. Clients benefit from cold storage, audit trails, and direct access to Crypto.com's institutional liquidity while their assets are custodied, removing the operational step of pre-trade transfers. Company leadership positioned this as a strategic step to provide "unmatched security and seamless liquidity" for digital asset organizations, and to protect and scale the XYO ecosystem. The partnership builds on an existing relationship since XYO's initial listing on the exchange. This development follows Citadel Securities' $400 million investment in Crypto.com and comes as the company expands its regulatory standing, having received conditional approval to establish a national trust bank. For institutional investors, this custody agreement addresses a key barrier by demonstrating that smaller market-cap assets like XYO and XL1 can be held under the same regulatory and security standards as larger tokens. XYO operates a large DePIN network generating real-world data for AI and robotics, with XL1 handling its blockchain transactions ...

This deal provides qualifying institutions and high-net-worth clients with a regulated mechanism for storing, managing, and exchanging both tokens without the need to pre-transfer assets to an exchange.

Custody Structure Built on Segregation Principle

According to a statement shared with Bitcoin.com News, assets will be held in client-segregated MPC wallets managed by a bankruptcy-remote legal entity. Private keys are secured using multi-party computations performed in trusted execution environments.

Clients receive cold storage, audit trails, and access to Crypto.com's institutional liquidity while their assets are in custody. This arrangement eliminates the operational step of transferring funds to an exchange prior to executing a trade.

Company Leadership Positions Deal as a Strategic Move

"Organizations dealing with digital assets require a custody solution that offers both unparalleled security and seamless liquidity," said Eric Anziani, President and Chief Operating Officer of Crypto.com. He added that this agreement aims to provide "protection" for the $XYO ecosystem and "its readiness for global scaling."

$XYO Co-founder Markus Levin clarified that the collaboration began when $XYO was first listed on the Crypto.com exchange and has evolved since. "As we build infrastructure for AI, robotics, and decentralized machine intelligence, it is paramount that our $XYO and XL1 digital assets are safeguarded with enterprise-grade security," Levin noted.

Citadel Securities' $400 Million Bet Adds Context

The custody announcement came weeks after Citadel Securities invested $400 million in Crypto.com at a $20 billion valuation—the company's first institutional funding round since 2016. Crypto.com stated that the raised capital will be directed towards expanding its tokenized securities and derivatives activities.

In February 2026, the Office of the Comptroller of the Currency (OCC) granted Crypto.com conditional approval to establish the Crypto.com National Trust Bank, placing the company alongside Bitgo, Circle, Ripple, and Paxos among firms approved to operate federally-regulated trust institutions. The company's existing asset custody unit, Crypto.com Custody Trust Company, remains a qualified custodian under the supervision of the New Hampshire Banking Department.

What $XYO and XL1 Actually Do

Founded in 2016, the $XYO company operates one of the largest operational consumer DePIN networks, with over ten million nodes generating verifiable real-world data used in AI, robotics, logistics, and physical infrastructure. XL1 handles transactions, gas fees, and provides blockchain infrastructure for this specific network.

What This Means for Institutional Investors

For institutional investors considering investments in DePIN tokens and real-world data tokens, the custody agreement removes a common barrier: the need to prove that smaller-cap assets can be stored according to the same regulatory requirements and security standards as larger tokens. Combined with Crypto.com's expanding status as a trust bank, this provides $XYO and XL1 holders with a custodian boasting growing regulatory presence.

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İlgili Sorular

QWhat is the main benefit for institutions and high-net-worth clients in the new custody arrangement between Crypto.com, Citadel Securities, XYO, and XL1?

AThe new regulated custody arrangement provides a compliant mechanism for qualifying institutions and high-net-worth clients to store, manage, and trade XYO and XL1 tokens without having to pre-transfer assets to an exchange, combining security with direct access to institutional liquidity.

QHow does the described custody structure ensure the security of the digital assets?

AAssets are held in segregated, client-specific MPC wallets managed by a bankruptcy-remote legal entity. Private keys are protected using multi-party computation executed in trusted execution environments, offering cold storage, audit trails, and enhanced security.

QWhat recent major investment was highlighted as context for this custody announcement, and what are its intended uses?

ACitadel Securities made a $400 million investment in Crypto.com, valuing the company at $20 billion. Crypto.com stated the capital will be used to expand its tokenized securities and derivatives activities.

QWhat regulatory milestone did Crypto.com achieve in February 2026, and why is it significant?

AIn February 2026, the Office of the Comptroller of the Currency granted Crypto.com conditional approval to charter the Crypto.com National Trust Bank. This places the company among other firms with federal trust charters and enhances its regulatory standing as a qualified custodian.

QWhat are the primary functions of the XYO and XL1 tokens as described in the article?

AThe XYO network manages one of the largest operational consumer DePIN networks, generating verifiable real-world data for use in AI, robotics, logistics, and physical infrastructure. The XL1 token handles transactions, gas fees, and provides blockchain infrastructure for this specific network.

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