Frax Selects Crypto.com for Secure Institutional Support

September 3, 2025 – Crypto.com today announced that Frax, the financial technology company helping to build the decentralized finance protocol and network behind a suite of innovative stablecoins and liquid staking assets, has selected Crypto.com Custody to provide secure custody and liquidity services for its digital assets. 

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, the native asset and gas token of the Fraxtal blockchain, FRAX, will become accessible to institutions via Crypto.com’s custody and liquidity platform. FRAX powers network operations and secures the blockchain through validator staking mechanisms, and by integrating with Crypto.com’s infrastructure, institutions can now custody the digital asset under a secure and compliant framework. Crypto.com also intends to collaborate with Frax to explore the enablement of custody and liquidity services for the broader Frax ecosystem. 

“We’re honored that Frax has selected Crypto.com to support their ecosystem,” said Eric Anziani, President and Chief Operating Officer of Crypto.com. “This collaboration reflects our shared commitment to expanding secure, institutional access to digital assets.”

“Trusted custody is critical for institutions engaging with Frax,” said Sam Kazemian, Founder of Frax. “Thanks to our long-term partner and investor Crypto.com, institutions can now securely access the FRAX token, getting exposure to our ecosystem purpose-built for the GENIUS stablecoin future.”

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 millions of users 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 FRAX

Frax is a U.S.-based financial technology company building the infrastructure for open, stable, and borderless digital money. Our platform is built on three core pillars:

1. frxUSD Stablecoin: A fully backed digital dollar, powered by U.S. Treasuries through partners like BlackRock and Superstate.
2. Fraxtal Blockchain: A high-performance, Ethereum-compatible network optimized for stablecoin scalability and real-time payments.
3. FraxNet: A non-custodial platform for minting, redeeming, and earning yield on frxUSD.

Frax serves financial institutions, fintechs, and enterprises seeking secure, compliant access to digital dollars and blockchain infrastructure.

Learn more at https://frax.com.