Crypto.com
Singaporean cryptocurrency exchange company
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February 2025 | Launched trading of stocks and ETFs. |
January 2025 | Received a Markets in Crypto Assets (MiCA) Licence and launched services for institutional and advanced traders in the USA. |
2024 | Crypto.com signed sponsorship deals with UEFA to become official sponsors of the UEFA Champions League and UEFA Super Cup for the 2024-27 cycle. |
December 2024 | Crypto.com partnered with Deutsche Bank to offer corporate banking services in Singapore, Australia, and Hong Kong, and collaborated with Mastercard to expand digital payments in the GCC region. |
December 2024 | Became the title sponsor of the Crypto.com Showdown, a golf match featuring PGA Tour players Rory McIlroy and Scottie Scheffler against LIV Golf players Bryson DeChambeau and Brooks Koepka, marking the first event to feature a crypto purse. |
October 2024 | Crypto.com filed a lawsuit against the U.S. Securities and Exchange Commission after receiving a Wells notice. |
June 2024 | Recognized by Hong Kong's securities regulator as 'deemed to be licensed', indicating the exchange is close to obtaining full regulatory approval. |
June 2024 | Crypto.com reached 100 million users by mid-2024, representing a substantial growth in its customer base over three years. |
April 2024 | Rapper Eminem promoted the Crypto.com exchange via Twitter and provided a voice-over for a television ad during an NBA Playoffs game at the Crypto.com Arena. |
June 9 2023 | Announced plans to shut down its institutional exchange in the United States by June 21, citing low demand from large financial institutions, while maintaining its main retail trading service. |
2022 | Crypto.com partnered with the LeBron James Family Foundation to provide blockchain-related educational resources to students of the I Promise School in Akron, Ohio. |
November 2022 | The Australian Football League (AFL) partnered with Crypto.com. |
November 14 2022 | CEO Kris Marszalek assured users that the exchange was functioning normally after Cronos token lost approximately $1 billion in value, partly due to concerns following the FTX collapse. |
October 2022 | Crypto.com announced plans to establish a European headquarters in Paris and invest 150 million euros in the French division. |
October 10 2022 | Confirmed to have laid off over 2,000 employees (30-40% of staff) since May due to cryptocurrency market downturn. |
September 2022 | Crypto.com received regulatory approval from French authorities. |
August 2022 | The company was approved by the United Kingdom's Financial Conduct Authority to be registered as a crypto asset service provider. |
August 2022 | Crypto.com acquired two South Korean startups: PnLink Co., Ltd (a payment service provider) and OK-BIT Co., Ltd (a virtual asset service provider), securing registration licenses to provide financial services under South Korea's electronic financial transaction act. |
August 18 2022 | Reported to be quietly laying off hundreds of employees beyond the initial 5% reduction. |
July 2022 | Crypto.com received regulatory approval to operate in Cyprus from the Cyprus Securities and Exchange Commission. |
June 2022 | Initiated an initial 5% layoff of employees due to cryptocurrency market downturn. |
May 2022 | Crypto.com partnered with Shopify, enabling businesses on the e-commerce platform to accept cryptocurrency payments, expanding the utility of digital currency in online commerce. |
March 2022 | Crypto.com signed with FIFA to become an official sponsor of the 2022 FIFA World Cup. |
January 2022 | Experienced a hack resulting in US$15 million of Ether being stolen, which led to a temporary pause in withdrawals. The company later restored services and claimed no customer funds were lost. |
December 2021 | Crypto.com acquired Nadex, a U.S.-based CFTC regulated online exchange, and the Small Exchange, known for offering simpler futures products. |
November 2021 | Crypto.com acquired the naming rights to Los Angeles's Staples Center, renaming it Crypto.com Arena in a 20-year deal valued at US$700 million. |
November 2021 | Crypto.com announced a sponsorship deal with CONMEBOL, becoming an official partner of the Copa Libertadores. |
October 2021 | Crypto.com signed actor Matt Damon as the company's brand ambassador. |
September 2021 | Crypto.com became the official cryptocurrency platform for soccer club Paris Saint-Germain F.C., including the release of exclusive non-fungible tokens. |
September 2021 | The Philadelphia 76ers announced Crypto.com as their official jersey patch partner. |
July 2021 | Crypto.com became the UFC's official fight kit partner, securing prominent branding on fight kits worn by athletes during matches. |
June 2021 | Formula 1 announced a $100 million sponsorship deal with Crypto.com, marking the first cryptocurrency sponsorship in the sport. |
May 2021 | Crypto.com became the official sponsor of Italy's Coppa Italia soccer cup final. |
March 2021 | Crypto.com became a sponsor of the Aston Martin Cognizant Formula One Team. |
February 2021 | Reached 10 million users. |
December 2020 | Acquired The Card Group Pty Ltd, securing an Australian Financial Service License and gaining approval from Australia's Foreign Investment Review Board to operate within Australia's regulatory frameworks. |
2018 | Renamed to Crypto.com after purchasing a domain from cryptography researcher Matt Blaze, with the domain valued between US$5-10 million. |
2016 | Founded in Hong Kong by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo under the original name 'Monaco'. |
This contents of the box above is based on material from the Wikipedia article Crypto.com, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.