VeChain Foundation Selects Crypto.com for Secure Institutional Custody and Liquidity

August 18, 2025 – Crypto.com announced today a partnership with the VeChain Foundation to provide secure custody support for VeChain (VET) and VeThor (VTHO), the native tokens of the VeChainThor blockchain. This collaboration expands institutional access to the VeChainThor network, a public blockchain enabling transparent information flow, efficient collaboration, and high-speed value transfers for everyday B2B and B2C applications.

Crypto.com Custody offers custody services to eligible institutions and high-net-worth clients through a comprehensive, end-to-end solution with safety and security at its core. 

Through this partnership, institutions can securely store, manage, and transact VET and VTHO using Crypto.com’s regulated, institutional-grade custody platform. The service offers multi-user permissions, customizable governance workflows, and insured custody solutions, meeting growing demand for scalable, low-cost, and compliant blockchain infrastructure.

“Digital asset institutions require a custodial solution that provides the best possible service from both a security and liquidity perspective,” said Eric Anziani, President and COO of Crypto.com. “That is what we have focused on building at Crypto.com, and we are honored to support the VeChain Foundation by enabling custody for their native assets.”

VeChainThor uses a unique dual-token system where VET acts as the value-transfer medium and VTHO covers gas consumption for blockchain operations, allowing the blockchain to maintain cost stability even during periods of high market volatility. The network recently introduced dynamic fees via the gas fee market modelled on Ethereum’s EIP1559, balancing demand and costs, increasing security, and introducing an accelerated deflationary model to the protocol’s tokenomics. 

“Crypto.com is well established as a leading exchange in the crypto market, and stands at the forefront of mainstream adoption,” said Sunny Lu, VeChain CEO. “Through this new partnership, we can confidently accelerate our institutional and mainstream adoption strategies using Crypto.com’s world-leading custody services, supported by their robust infrastructure.”

Interested clients can submit contact requests at crypto.com/custody. If you’re interested in partnering with Crypto.com, reach out to [email protected]. 

About Crypto.com

Founded in 2016, Crypto.com is trusted by more than 150 million customers worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation and empowering the next generation of builders, creators, and entrepreneurs to develop a fairer and more equitable digital ecosystem.

Learn more at https://crypto.com.

About VeChain

Founded in 2015, VeChain launched a general-purpose, adoption-focused blockchain platform, VeChainThor, to deliver mass adoption of Web3. VeChain’s efficient, scalable network delivers robust, low-cost infrastructure for developers and businesses to build applications without requiring deep technical expertise. 

Having proven its capabilities over the years, and buoyed by partnerships with global entities such as the UFC, BCG, and Walmart China, VeChain now spearheads a retail-focused strategy through its VeBetter platform – an app ecosystem that tokenizes and rewards users based on sustainability activities. With over 4 million users engaging in VeBetter-powered apps and 30+ Million actions tokenized to date, VeChain continues its mission to make blockchain accessible, impactful, and valuable for businesses and people alike. 

For grants, resources and more, visit vechain.org.