Nikolas Sargeant
Crypto.com has launched stock and exchange-traded fund (ETF) trading in the United States, allowing users to manage both their crypto and traditional investments from a single platform. The new offering, announced on January 3, includes zero-commission trading, fractional share options, and seamless asset transfers, making it easier for users to grow their wealth.
CEO Kris Marszalek emphasized that this new feature will help Crypto.com become a one-stop shop for wealth management, blending traditional finance with digital assets. However, the company clarified that these securities services are provided by Foris Capital US LLC, a separate entity from its crypto operations.
The stock and ETF trading feature is initially available in Pennsylvania, Ohio, Washington, and Arizona, with plans for a nationwide rollout. This move is part of Crypto.com's broader 2025 roadmap to bridge traditional and digital finance, which includes the introduction of stablecoins, ETFs, and traditional banking products.
Expanding U.S. Footprint
This launch comes amid a series of strategic moves to strengthen Crypto.com’s position in the U.S. market. In December, the firm introduced a new institutional crypto custody service for high-net-worth clients and institutional investors. Additionally, Crypto.com has dropped its lawsuit against the U.S. Securities and Exchange Commission (SEC) and is focusing on collaborating with regulators on crypto policy.
The firm’s recent expansion efforts have helped it emerge as one of the top trading platforms of 2024, surpassing competitors like Coinbase in trading volume.
