The conditional approval by U.S. financial regulators has officially transformed a leading custody platform into a nationwide trust bank. This change may seem like just a status upgrade, but it actually sends a strong signal to the entire industry — cryptocurrencies are moving from wild growth to institutionalization.

The surge in spot ETFs has dramatically accelerated the situation. Over the past year, more than 5,000 institutions have begun to take cryptocurrency allocations seriously. What they want is not high-risk gambling tools, but secure custody solutions with friendly regulation. How urgent is this demand? It can be seen from the data — the platform's assets under custody have already surpassed the $100 billion mark.

Even more impressive is the revenue scale. By the third quarter of 2025, it had achieved $10 billion in performance, and this growth rate is no longer just business expansion but a boom across the entire sector. With compliant status, ample custody assets, and institutional trust, platforms that possess these three qualities are becoming the standard for cryptocurrency services.