Home News Crypto.com launches zero-commission stock and ETF trading in US expansion

Crypto.com launches zero-commission stock and ETF trading in US expansion

by Selmer Harvey

Crypto.com launches zero-commission stock and ETF trading in US expansion

Crypto.com launches zero-commission stock and ETF trading in US growth

Crypto.com launches zero-commission stock and ETF trading in US growth Crypto.com launches zero-commission stock and ETF trading in US growth

Crypto.com launches zero-commission stock and ETF trading in US growth

Crypto.com's US market approach aligns seamlessly with its roadmap to meld venerable and cryptocurrency finance.

Crypto.com launches zero-commission stock and ETF trading in US growth

Mask artwork/illustration by capability of CryptoSlate. Image involves mixed lisp that can also comprise AI-generated lisp.

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Crypto.com has expanded its choices in the United States, launching stock and trade-traded fund (ETF) trading on its platform.

Per a Jan. 3 assertion, the agency said its users can now without delay manage shares and ETFs alongside their crypto portfolios by capability of their utility. The platform offers zero-commission trading, fractional half choices, and seamless asset transfers.

Crypto.com CEO Kris Marszalek said the recent products would enable the platform to change into the one place of dwelling where its users can develop all their wealth.

Crypto.com clarified that these securities products and services are supplied by Foris Capital US LLC, a FINRA/SIPC member and an entity definite from the agency’s crypto operations. Foris Capital does now not take care of the sale, transfer, or custody of digital assets.

The crypto trade added that the feature will at the starting place be available in Pennsylvania, Ohio, Washington, and Arizona and will quickly be rolled out nationwide.

This recent feature is fragment of Crypto.com’s broader 2025 roadmap, which targets to bridge venerable and digital finance. The plot involves introducing stablecoins, ETFs, and venerable banking products, reflecting its commitment to providing diverse monetary instruments.

US expansions

The recent product comes as Crypto.com has been ramping up its US operations.

In December, it introduced an institutional crypto custody carrier below Crypto.com Custody Belief Firm, designed for institutions and high-salvage-price purchasers. The platform plans emigrate digital assets held by its US and Canadian prospects to this belief in the upcoming weeks.

In any other strategic pivot, Crypto.com reportedly dropped its lawsuit against the US Securities and Change Price (SEC) while expressing a commitment to collaborate with the incoming administration on crypto rules.

This trend follows a December meeting between Crypto.com CEO Kris Marszalek and US President-elect Donald Trump to discuss the crypto industry’s regulatory panorama.

Market observers said these initiatives unprejudiced to solidify its role as a total monetary platform while increasing its footprint in the aggressive US market. Final yr, the agency emerged as one in every of the top trading platforms of 2024, even surpassing established gamers like Coinbase in trading quantity.

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Source credit : cryptoslate.com

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