{"id":141585,"date":"2024-11-07T09:00:15","date_gmt":"2024-11-07T07:00:15","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=141585"},"modified":"2024-11-06T18:07:22","modified_gmt":"2024-11-06T16:07:22","slug":"crypto-com-plans-major-expansion-in-2025-with-stablecoin-and-etfs","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-com-plans-major-expansion-in-2025-with-stablecoin-and-etfs\/","title":{"rendered":"Crypto.com Plans Major Expansion in 2025 with Stablecoin and ETFs"},"content":{"rendered":"
The Singapore-based platform intends to introduce its own stablecoin, providing users with a stable digital asset to avoid market volatility, while also catering to emerging markets seeking access to US dollar equivalents. Additionally, Crypto.com plans to launch an exchange-traded fund (ETF) based on its Cronos token, capitalizing on the increasing interest in crypto-related exchange-traded products.<\/p>\n
Beyond crypto, Crypto.com aims to enter the traditional finance space by offering stock and ETF trading services, as well as a variety of banking products, including international and business accounts. These services will launch in Q1 2025, with stock trading available in the US through Watchdog Capital LLC, and the banking services operating in compliance with local regulations.<\/p>\n
The company also plans significant global expansion, with the goal of extending its exchange services in the US and offering custodial services in Canada, Singapore, and other regions. Its fiat on\/off-ramp services will be extended to markets in the UAE, South Korea, and Hong Kong, while a Bitcoin<\/a> <\/strong>rewards program will be introduced to its global user base.<\/p>\n