Crypto.com Acquires SEC-Registered Broker-Dealer Watchdog Capital to Expand US Trading Offerings

CN
4 hours ago

Crypto.com announced on Thursday the acquisition of Watchdog Capital, LLC, a broker-dealer registered with the SEC and a member of FINRA and SIPC. This acquisition will allow Crypto.com’s new subsidiary to offer equities and equity options to eligible traders in the U.S. CEO Kris Marszalek emphasized the company’s commitment to integrating traditional financial tools with digital capabilities while adhering to necessary licenses and registrations. The acquisition aims to enhance the Crypto.com family of companies by providing users in the U.S. access to stocks and options markets. This move follows several significant milestones for Crypto.com, including the launch of regulated crypto derivatives and the addition of Paypal as a payment method.

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