- Crypto.com will custody VET and VTHO and add OTC trading for VeChain.
- Partnership includes governance controls and insured storage for institutions.
Crypto.com and the VeChain Foundation announced a partnership to provide institutional custody for VeChain’s native tokens VET and VTHO, alongside over the counter trading capabilities for VeChain.
We’re excited to announce our partnership with the @vechainofficial to provide secure custody support for their native assets.
Read more 👉 https://t.co/g50J3aoVDa pic.twitter.com/8LdfgAkbIZ
— Crypto.com (@cryptocom) August 18, 2025
Crypto.com to safeguard VET and VTHO and enable OTC liquidity
Under the arrangement, eligible institutions and high net worth clients can store, manage and transact VET and VTHO using Crypto.com’s regulated, institutional grade custody platform.
The service includes multi user permissions, customizable governance workflows and insured storage designed to meet operational and compliance requirements. The agreement adds OTC trading support intended to provide block liquidity for VeChain ecosystem participants.
Crypto.com characterised the initiative as addressing the need for custody that combines security and liquidity features. President and chief operating officer Eric Anziani said the firm has focused on building a solution that meets institutional expectations for both areas.
VeChain chief executive Sunny Lu said the partnership supports the foundation’s strategy to accelerate institutional and mainstream adoption by leveraging Crypto.com’s infrastructure.
Announcement highlights dual token design and fee adjustments on VeChainThor
The announcement pointed to VeChainThor’s dual token structure where VET operates as the value transfer asset and VTHO is used for transaction fees.
It also referenced a gas fee market modelled on Ethereum’s EIP 1559 that adjusts costs in response to demand in order to support predictable operations for users. These elements were cited as design choices that underpin cost stability for applications built on the network.
From an operational perspective, the combination of insured cold storage and role based permissions aligns with segregation of duties controls used in institutional settings.
OTC workflows can simplify settlement for larger transfers by matching counterparties away from public order books, which can reduce slippage compared with executing only in fragmented spot markets.
For funds and corporates active on VeChainThor, consolidating custody and liquidity with a single provider can streamline treasury processes and reduce reconciliation steps.
Crypto.com said interested clients can request access through its custody channel. The company described itself as serving a global client base and noted that its custody business provides governance tooling and insurance protections.
The VeChain Foundation reiterated its focus on enterprise and consumer applications and referenced engagement via the VeBetter platform, which tokenises sustainability related actions.
At the time of this press, VeChain is trading at $0.02364306, reflecting a decrease of exactly $0.00139, which equates to a –5.57% decline from the previous close.
