Crypto.com, the globally recognized Singapore-based crypto exchange, is set to file for the launch of an exchange-traded fund (ETF) centered around its native token, Cronos (CRO), in the fourth quarter of 2025. Although specific details of the filing process are yet to be disclosed, this upcoming move highlights Crypto.com's increasing ambitions within the traditional financial sector. This comes amid growing interest from asset managers in crypto ETFs, with several others seeking approval for funds based on popular tokens like Solana (SOL) and Ripple (XRP).
In addition to the Cronos ETF, Crypto.com is also preparing to launch its own stablecoin by the third quarter of 2025. While details regarding the fiat currency backing the stablecoin remain scarce, this initiative underscores the company’s strategy to expand its product offerings. This move into stablecoins follows in the footsteps of other major players in the crypto industry, as stablecoins continue to play a significant role in bridging traditional finance with digital assets.
Beyond the Cronos ETF and stablecoin, Crypto.com is expanding its financial services beyond cryptocurrency. The exchange has plans to list stocks and stock options by the first quarter of 2025, further diversifying its offerings. Additionally, Crypto.com recently introduced ETF zero-commission stock trading and
Crypto.com's expansion efforts are not limited to its service offerings. The company is also taking steps to enhance its regulatory compliance, with its Malta division recently securing the first-ever MiCA license from the Malta Financial Services Authority. However, despite these ambitious plans, the price of CRO has been struggling, having fallen nearly 37% over the past month, currently trading at around $0.10.