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Crypto.com Company Intelligence

Crypto.com Company Intelligence

Quick Take

  • Founded in 2016, Crypto.com is a Singapore-based company that provides various crypto-related financial services – key products include the Crypto.com App and the Crypto.com Exchange
  • A key part of Crypto.com’s global branding strategy is engaging with sports fandoms around the world through partnerships, such as securing the naming rights of the Crypto.com Arena and FIFA World Cup Qatar 2022 sponsorship
  • In December 2021, Crypto.com announced its $216 million acquisition of the North American Derivatives Exchange (Nadex) and the Small Exchange from IG Group, which will help with Crypto.com’s penetration of the U.S. market
  • In March, Crypto.com began its exchange rollout in the U.S. for select institutional investors – the company is working to provide access to retail investors as well

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IMF, Bank of France officials believe more CBCDs will emerge in next three to five years

The Governor of the Bank of France François Villeroy de Galhau said that the world might see a strong central bank digital currency emerge in the next three years.

The post IMF, Bank of France officials believe more CBCDs will emerge in next three to five years appeared first on The Block.

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Fed report shows crypto is favored as an investment tool

In 2021, 12% of adults held or used cryptocurrency, according to the report, and they were more likely to hold as an investment.

The post Fed report shows crypto is favored as an investment tool appeared first on The Block.

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Filecoin Foundation and Lockheed Martin partner to bring decentralized storage to space

The collaboration aims to speed up communication and reduce storage costs.

The post Filecoin Foundation and Lockheed Martin partner to bring decentralized storage to space appeared first on The Block.

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Korean police seek freeze on Luna Foundation Guard assets: KBS

Police in South Korea have reportedly asked multiple exchanges to freeze assets belonging to Luna Foundation Guard.

The post Korean police seek freeze on Luna Foundation Guard assets: KBS appeared first on The Block.

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Y Combinator joins $6.2 million seed round for crypto savings app Pebble

Pebble, a crypto app that lets people save, spend and send money, has raised $6.2 million in a seed round from Y Combinator and others.

The post Y Combinator joins $6.2 million seed round for crypto savings app Pebble appeared first on The Block.

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Klarna to lay off approximately 10% of its workforce

Buy now, pay later firm Klarna will let go of 10% of its workforce globally as the company suffers amid a global downturn.

The post Klarna to lay off approximately 10% of its workforce appeared first on The Block.

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eBay launches sports NFT collection via partnership with Tezos-powered platform OneOf

While eBay officially supported NFTs since May of 2021, this new NFT launch appears to be the first time the company is releasing NFTs. 

The post eBay launches sports NFT collection via partnership with Tezos-powered platform OneOf appeared first on The Block.

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Korean crypto exchanges issue warnings on litecoin over confidential transactions

Two exchanges have issued investment warnings about litecoin after a privacy update that allows transfers to be made confidentially.

The post Korean crypto exchanges issue warnings on litecoin over confidential transactions appeared first on The Block.

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GameStop launches self-custodial crypto wallet

The wallet will allow gamers and others to store, send, receive and use cryptocurrencies and NFTs across decentralized apps.

The post GameStop launches self-custodial crypto wallet appeared first on The Block.

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