Crypto.com Expands by Launching Stock and ETF Trading in the U.S.

user avatar

by Giorgi Kostiuk

2 years ago

Crypto.com has announced the launch of stock and ETF trading in select U.S. states, including Pennsylvania, Ohio, Washington, and Arizona. This new feature allows users to trade without commission fees, gain access to fractional shares, and transfer securities seamlessly within a single app.

Crypto.com's New Initiative

As of January 2, 2025, Crypto.com users can trade stocks and ETFs commission-free in select U.S. states. This decision aims to integrate traditional finance with digital assets, offering users a seamless experience in managing securities on the platform.

Future Plans

Crypto.com plans to enhance its offerings in 2025 by introducing stock options trading, foreign exchange, commodities, and index derivatives. These plans are geared towards positioning the platform as a comprehensive investment solution.

Regulatory Aspects and CEO Initiatives

The launch follows the company's decision to withdraw its lawsuit against the U.S. Securities and Exchange Commission (SEC), which challenged the SEC's authority over certain digital assets. Additionally, CEO Kris Marszalek's discussions with President-elect Donald Trump about crypto-friendly policies, including a proposed national Bitcoin reserve, indicate potential regulatory shifts.

The launch of stock and ETF trading underscores Crypto.com's commitment to strengthening its position at the intersection of traditional and digital finance while considering regulatory changes and customer needs.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Capital Research and Management Boosts Voting Stake in Metaplanet to 11.11%

Capital Research and Management has increased its voting stake in Metaplanet to 11.11% as of October 16, following a share buyback.

user avatarKenji Takahashi

Sygnum and Debifi Launch MultiSYG: A New Bitcoin-Backed Lending Service

Sygnum and Debifi have launched MultiSYG, a Bitcoin-backed lending service that enhances security and control over collateral through segregated multisignature wallets.

user avatarMaria Fernandez

Franklin Templeton Moves Closer to Launching Bitcoin ETFs

Franklin Templeton has filed for two ETFs that combine US stock portfolios with Bitcoin allocations, aiming to simplify investment management.

user avatarGustavo Mendoza

HSBC Launches RedCoin, a Hong Kong Dollar Stablecoin

HSBC has launched RedCoin, a Hong Kong dollar stablecoin, for over 33 million PayMe users, enabling transactions without a crypto exchange.

user avatarRajesh Kumar

CoinShares Bitcoin and Ether ETF Finalizes Cash Settlement

CoinShares Bitcoin and Ether ETF has finalized its cash settlement, with a payout confirmed by the OCC.

user avatarMiguel Rodriguez

JUST Launches Enhanced JST Buyback and Burn Initiative

JUST launches upgraded JST Buyback and Burn program to enhance value-accrual framework for JST token.

user avatarLuis Flores

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.