Crypto.com Offers Stocks and ETFs in US
Crypto.com now allows U.S. users in four states to add stocks and ETFs to their portfolios. This represents a major step forward for the exchange as it transitions from a purely cryptocurrency-centric platform to having a greater presence in the traditional financial sector.
The company has made progress in a number of jurisdictions since 2023, and this new acceptance by U.S. regulators marks a dramatic shift in their working relationship.
America is obsessed with Crypto.com
Crypto.com, a Communicate with the years and history in spacenow provides stock and ETF services to a limited range of U.S. clients. The company did this announcement Via social media, include some valuable details.
“Available today in Pennsylvania, Ohio, Washington State, and Arizona, and soon nationwide. We will gradually roll out this feature in the United States in the coming days. Look for it in your app,” Crypto.com claims “Stocks” tab, or stay tuned for nationwide announcement emails when they are released.
The company also includes roadmap List its future expansion goals. In recent years, Crypto.com has dramatically changed its working relationship with U.S. regulators; by mid-2023, citing government hostility as a reason to close their agency’s services. Now, however, it will provide Stocks and ETF Services directly.
The event is an important step for the exchange, showing its potential to further expand into traditional finance. Crypto.com has made several recent developments with the U.S. government. For example, in October, It sued the U.S. Securities and Exchange Commission back Wells notification received.
However, the company later dropped the lawsuit after CEO Kris Marszalek Meet President-elect Donald Trump Discuss industry-friendly regulations in the incoming administration. Since this conversation, communication has also Entering the US hosting market.
“First launch in 2025 – We are launching stocks and ETFs to US users. Crypto.com will be the one place to grow all your wealth.” Wrote Kris Marszalek, CEO of the platform.
In recent years, Crypto.com has tried Expand its reach across multiple jurisdictionsnot just the United States. For example, the company is approved New services in the Netherlandsthis U.K.as And Singapore.
Although the exchange has been around since 2016, all these new approvals have occurred since 2023.
In short, these new stock and ETF services are just the beginning. If the dropped lawsuit and new hosting service are any indication, Crypto.com has ambitious plans for the US market.
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