Crypto.com Unveils 2025 Roadmap: ETF for Cronos and New Stablecoin on the Horizon

Generated by AI AgentCoin World
Tuesday, Feb 4, 2025 2:23 pm ET1min read

Crypto.com Unveils 2025 Roadmap: ETF Application for Cronos and New Stablecoin Launch Planned

Crypto.com, a leading cryptocurrency exchange, has revealed its 2025 roadmap, which includes plans to file an exchange-traded fund (ETF) application for its native token, Cronos (CRO), and launch a new stablecoin. The exchange, headquartered in Singapore, is positioning itself for significant growth and expansion in the digital asset market.

The ETF application for Cronos is a strategic move by Crypto.com to tap into the growing institutional interest in digital assets. The exchange plans to file the application in the fourth quarter of 2025, following a series of product launches, including additional banking features and a stablecoin. This progressive strategy is built on the momentum of recent institutional interest in digital assets, as evidenced by the overwhelming success of recent BTC and ETH ETFs in the United States.

Crypto.com's 2025 roadmap also includes the launch of a new stablecoin by the third quarter. Although details about the stablecoin and ETF were sparse, a Crypto.com spokesperson told Cointelegraph that the new products are part of a broader effort to "enhance all aspects of user experience" and offer "the broadest range of financial investment services."

The exchange, which operates globally, is not clear where it intends to file its ETF or in which fiat currency its stablecoin will be offered. However, Crypto.com has previously secured a full European Union license under the Markets in Crypto-Assets Regulation (MiCA) framework, which allows it to provide cryptocurrency services in Europe.

Crypto.com is the world's 13th-largest digital asset exchange by total volume, according to CoinMarketCap. It rose to prominence during the 2020-2021 bull market as a mobile-first platform.

The crypto ETF race is heating up, with digital assets witnessing a wave of institutional adoption in 2024 following the successful launch of spot Bitcoin (BTC) ETFs in the United States. The US ETFs pulled in more than $35 billion in 2024 and ended the year with more than $100 billion in net assets. The momentum hasn't slowed down, with spot

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