Crypto.com Custody to Secure Plasma’s Native XPL, Offering Institutions Instant Liquidity and Low‑Cost Token Swaps

COINOTAG reported on September 11 that Crypto.com has been chosen to deliver institutional-grade digital asset custody and liquidity services for Layer 1 blockchain Plasma. Under the arrangement, Crypto.com Custody will secure the network’s native token, XPL, which underpins transactions and validator rewards, while enabling institutions to deposit assets directly into a regulated vault and connect to an integrated liquidity pool.

The integration is positioned to facilitate immediate market access for institutional participants, supporting fast, reliable and low-cost token swaps and streamlined settlement workflows. By coupling regulated custody with direct liquidity connectivity, the solution seeks to enhance operational scalability, strengthen compliance controls and mitigate counterparty and settlement friction for professional investors.