- Crypto.com intends to file for a Cronos ETF in Q4 2025.
- The company will launch new products, including stablecoin, stocks, and ETFs.
Crypto.com is reported to plan for the ETF for natively-issued Cronos coin (CRO) valued at current data reads to $0.1017. In the company’s 2025 roadmap that is publicly made available, a third quarter for the end year is slated. Unfortunately, they have not disclosed any details about the ETF submission yet.
As a prelude to the launch of this ETF, Crypto.com is broadening its product offerings. First off, the exchange will be listing stocks, stock options, and ETFs in the first quarter of the year. Additionally, it plans to introduce several new banking features, including personal multicurrency accounts and cash savings accounts.
Crypto.com Targets ETF Launch for Cronos Token
Crypto.com plans to launch a new stablecoin by the third quarter of the year. A spokesman from the company emphasized that the stablecoin and Cronos ETF are part of “the broadest range of financial investment services for our users.” However, there was little information provided regarding these products.
Based in Singapore, Crypto.com is off to a great start in 2024. Just this month, it acquired a full EU license under the MiCA regime and managed to finish ahead of its Q1 roadmap in offering institutional custody service earlier than anticipated.
A faster pace for cryptocurrency ETFs gained ground in 2024, with spot Bitcoin ETFs pulling in over $35 billion in investment, and the trend accelerates into a new year. The bigger asset managers, now queueing up for authorization to produce Solana ETFs include VanEck, Grayscale, and Bitwise. Crypto.com is also expected to jump into the battlefield by launching an ETF that is expected to capitalize on the increasing popularity of institutions towards crypto products.
Google Cloud serves not only as a Flare validator but also as a data source for FTSO. Since joining in January 2024, it has maintained 100% uptime. Google Cloud has been critical in delivering essential time series data for the network.
