Singapore -based Crypto Exchange Crypto.com has operated globally, unveiling a plan to file for Chronos ETF and launch an ownership Stabelcoin.
As part of it Roadmap for 2025Crypto.com is planning to file for the launch of ETF centered around its native token chronos (CRO). The company plans to file ETFs in the fourth quarter of the year, although further details on the filing process have not been revealed.
To keep this upcoming development in perspective, Crypto.com is one of the several companies for the launch of Crypto ETF. Several asset managers have recently filed applications with regulators to launch ETFs targeting Solan (SOL) and Ripple (XRP). Additionally, Grassscale Investments have launched a Dogcoin Trust with Tutal Capital Management. Filed 10 2x-layered ETFs to launch.
In addition to the Cro ETF launch, another much awaited milestone for Crypto.com in 2025 is the launch of its own stabelcoin in the third quarter. However, details about the underlying Fiat posture and other nuances of StableCoin are uncertain at the moment.
Beyond the launch of CRO ETF and Stabecrim, Singapore -based Crypto Exchange is also making its scope of financial services wide. The exchange also intends to list stocks and stock options in the first quarter of 2025, which expands its offerings beyond Crypto. It is also working on introducing new banking facilities including individual multinational accounts and cash savings accounts.
The expansion of crypto.com is not limited to its service offerings. The company is also focusing on increasing its regulatory compliance. A week ago on 27 January, Crypto.com’s Malta Division Obtained The first asbestos license from the Malta Financial Services Authority.
While the ambitious plans of crypto.com are attracting attention, Cro token is in the field of recession, its price is about 37% less than last month, according to the previous month, according to CoinmarkecapSo far, CRO is trading at around $ 0.10, showing a slight intraday loss of 3.25%.
