#Crypto.com Enters the US Institutional Market#
Hot Topic Overview
Overview
Crypto.com announced its foray into the US institutional market with the launch of its institutional-grade exchange, Crypto.com Exchange, in the US. The exchange offers over 300 cryptocurrencies and 480 trading pairs, boasting deep liquidity, stable bank rails, robust APIs, and competitive fees. The exchange aims to cater to professional traders and complements the existing Crypto.com App for retail US customers. The launch of Crypto.com Exchange coincided with the second day of Trump's presidency, sparking speculation about its communication with US institutions.
Ace Hot Topic Analysis
Analysis
Crypto.com recently announced its entry into the US institutional market with the launch of an exchange for institutional clients, complementing its existing retail application, the Crypto.com App, for US customers. The exchange offers over 300 cryptocurrencies and 480 trading pairs, boasting deep liquidity, stable bank rails, robust APIs, competitive fees, and white-glove service. Crypto.com Exchange surpassed $1.2 trillion in spot trading volume last year and aims to become the go-to trading venue for every professional trader. Notably, Crypto.com chose to announce this news the day after President Trump was sworn in, suggesting a possible desire to leverage policies from the new US administration to expand its operations. While it remains unclear whether there are any specific collaborations between Crypto.com and the Trump administration, its move into the US institutional market will undoubtedly have a significant impact on the industry.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Crypto.com Exchange offers deep liquidity, stable bank rails, robust APIs and competitive fees, making it suitable for professional traders.
Crypto.com Exchange offers over 300 cryptocurrencies and 480 trading pairs, complementing its existing retail Crypto.com App facing U.S. customers.
Crypto.com Exchange allows users to fund their accounts with USD or USDC.
The launch of Crypto.com Exchange is a strategic move into the U.S. institutional market.