Crypto.com It has expanded its offerings in the US and has launched stock trading and exchange-traded funds (ETFs) on its platform.
According to a January 3 StatementThe company said its users can now directly manage stocks and ETFs alongside their crypto portfolios through its app. The platform offers zero-commission trading, fractional share options and seamless asset transfers.
Chris Marsalek, CEO of Crypto.com expressed New products allow the platform to become a place where users can grow all their wealth.
Crypto.com clarified that these securities services are provided by Foris Capital US LLC, member FINRA/SIPC and an entity separate from the company's crypto operations. Foris Capital does not handle the sale, transfer or custody of digital assets.
The crypto exchange added that the feature will initially be available in Pennsylvania, Ohio, Washington, and Arizona, and will soon roll out nationwide.
This new feature is part of Crypto.com's broader roadmap in 2025which aims to bridge traditional and digital finance. This plan includes the introduction of stablecoins, ETFs and conventional banking products, which shows its commitment to provide diverse financial instruments.
US developments
The new product comes as Crypto.com expands its operations in the United States.
In December, it introduced An institutional crypto custody service under Crypto.com Custody Trust, designed for institutions and high net worth clients. The platform plans to transfer digital assets held by its American and Canadian clients to the trust in the coming weeks.
In another strategic pivot, Crypto.com has reportedly dropped it Lawsuit against the US Securities and Exchange Commission (SEC) while expressing its commitment to working with the incoming administration on crypto regulation.
The development follows a December meeting between Crypto.com CEO Chris Marsalek and the US president-elect. Donald Trump To discuss the regulatory landscape of the crypto industry.
Market watchers said these initiatives are aimed at cementing its role as a Comprehensive financial platform while expanding its footprint in the competitive US market. Last year, this company as one of the The best trading platforms of 2024even surpassing well-known players like Coinbase in trading volume
