Crypto.com Plant Cronos-ETF: StableCoin also planned
The cryptocurrency exchange crypto.com has made the laying of a stock market -traded fund (ETF) for its own token, cronos (Cro), this year and thus underlines the growing institutionalization of digital assets.
According to the Roadmap In 2025 from Crypto.com, the stock exchange plans to submit the ETF application in the fourth quarter. No further details were mentioned.
Before submitting the ETFs, crypto.com plans to list shares, stock options and ETFs on its platform from the first quarter. In addition, new bank functions are to be introduced, including personal accounts with several currencies and cash savings accounts.
The Crypto.com timetable for 2025 provides for the introduction of stable coins, submitting ETFs and an extended credit card offer. Source: Crypto.com
One of the most ambitious goals is the publication of a new crypto.com stable until the third quarter.
Although only a few details were revealed about the StableCoin and the ETF, a spokesman for Crypto.com told CoinTelegraph that the new products should help “to improve all aspects of user experience”. This also includes the offer “The broadest range of financial investment services”.
“We have already delivered five of the six planned products that were intended in our roadmap for the first quarter, and we also introduced our institutional custody services earlier than planned,” said the spokesman.
The stock exchange is headquartered in Singapore, but is active worldwide. It is not clear where to submit your ETF or in which Fiat currency your stable coin should be offered. As CoinTelegraph recently reported, Crypto.com has A complete EU license received as part of the regulation on markets for crypto-assets (mica).
Crypto.com is Sea Coinmarketcap worldwide in 13th place in the largest exchanges for digital assets, measured by the total volume. It became known as a mobile platform during the 2020-2021 bull market.
Krypto ETFS: Wetting more and more competitive
After the successful introduction of Bitcoin (BTC) -Tfs in the United States, digital assets experienced a wave of institutional acceptance in 2024. The US ETFs attracted more than $ 35 billion in 2024 and ended the year with net assets of more than $ 100 billion.
Die Dynamics have not slowed down. According to Matt Hougan, Chief Investment Officer at Bitwise, the Bitcoin Spot funds took $ 4.94 billion in January.
Those: Matt Hougan
After a slow start, the Ether pulled (ETH)-ETFs im November and December Billions of US dollars.
A cheaper regulatory climate in the United States after the election of President Donald Trump and a wax release in Securities and Exchange Commission (SEC) should be one this year Flood of crypto ETF approvals lead.
Asset managers see the signs of the times and have submitted their fund applications more in recent months. The investment giants Vaneck, Grayscale, 21shares, Bitwise and Canary Capital have all ETFs for Solana (SOL) requestedthat would give institutional investors access to the fifth largest cryptocurrency.
Vaneck has also submitted an ETF application to the “Onchain Economy” invest would include companies for digital assets such as miners, crypto bonds and software developers.
