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Crypto.com Announces ETF and New Stablecoin

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by A1

2 hours ago


Crypto.com has announced plans to launch an ETF based on the Cronos (CRO) token and a new stablecoin, as well as to expand its services.

New Cronos-Based ETF

Crypto.com plans to file for an ETF based on their Cronos (CRO) token, which could be approved by the fourth quarter. This move will strengthen the company's position in the financial market.

Launch of New Stablecoin

The company is working on launching its own stablecoin in the third quarter. The new stablecoin promises to simplify financial services and make them more accessible worldwide.

Platform Expansion and Regulatory Successes

In the first quarter, the platform will expand its offerings by adding stock trading, stock options, and ETF trading. Also, multi-currency accounts and savings options will be introduced. In 2024, the company received the MiCA license, allowing it to operate freely across the European Economic Area.

Crypto.com is strengthening its position in global finance by offering expanded services and obtaining crucial regulatory licenses, making it a serious player in the industry.

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