Crypto.com is launching trading and custody of stocks and ETFs in the USA thanks to the collaboration with Foris Capital US LLC. The crypto-exchange is also offering a bonus of up to 3% for those who transfer their securities to the Crypto.com app.
Crypto.com and the trading and custody of stocks and ETFs in the USA
Crypto.com is launching trading and custody of stocks and ETFs for all US users, directly on its app.
Specifically, starting today the new feature is available for the states of Pennsylvania, Ohio, Washington, and Arizona. Gradually, Crypto.com will make it available in all states of the USA.
In practice, the citizens of the USA will be able to find the “Stock” tab on the Crypto.com app and start transferring their securities.
For those who choose Crypto.com, the renowned crypto-exchange offers a bonus of up to 3% when transferring their securities.
Not only that, users will be able to benefit from zero-commission trading, the ability to buy and sell fractional shares, and the transfer of their assets with a few taps.
All this was made possible thanks to the collaboration with Foris Capital US LLC, which is a separate entity from Crypto.com, responsible for offering stocks and ETFs. On the other hand, the sale, transfer, or custody of cryptocurrencies remains in the hands of Crypto.com.
At the moment, the crypto-exchange is only introducing the new feature and as soon as possible, it will make the announcement of the official launch of trading at the national level public.
Crypto.com: offering stock and ETF trading as part of the 2025 roadmap
This move to add the offering of stock and ETF trading directly from the Crypto.com app is just an important step among many in the 2025 roadmap of the crypto-exchange.
In fact, according to reports, this function will be available not only in the USA, but soon also in other jurisdictions by the end of Q1 2025.
Not only that, staying in the stocks and ETF sector, Crypto.com seems to have plans to add stock options in Q2 2025 also in the USA.
For Q3 2025, on the other hand, Crypto.com might succeed in also adding FX, commodities, and derivatives on indices in the USA, and in other jurisdictions.
A slice of the Polymarket market: the launch of Sport Event Trading
Recently, Crypto.com has made headlines for the launch of another new feature: Sport Event Trading. Essentially, in the style of the well-known prediction market Polymarket, Crypto.com also enters the betting market while remaining regulated in the USA by the CFTC.
In fact, the traders of Crypto.com will be able to bet on the outcomes of sporting events like the Super Bowl.
Sports Event Trading has been described as a fully collateralized trading product and reserves the right to operate only if the user has sufficient funds in their USD fiat Wallet.
Alternatively, the user can proceed to instantly convert their crypto on Crypto.com into USD and start betting.
From what has emerged, Crypto.com has implemented this strategy to capture a share of the prediction market, made famous by Polymarket especially during the American presidential elections.
In this regard, specifically for the pool of bets on who will win the Super Bowl in February 2025, Polymarket has already generated over 1 billion dollars.