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Home Blockchain

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

by DigestWire member
January 3, 2025
in Blockchain, Crypto Market, Cryptocurrency
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Crypto.com launches zero-commission stock and ETF trading in US expansion
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Crypto.com has expanded its offerings in the United States, launching stock and exchange-traded fund (ETF) trading on its platform.

According to a Jan. 3 statement, the firm said its users can now directly manage stocks and ETFs alongside their crypto portfolios via their application. The platform offers zero-commission trading, fractional share options, and seamless asset transfers.

Crypto.com CEO Kris Marszalek stated the new products would allow the platform to become the one place where its users can grow all their wealth.

Crypto.com clarified that these securities services are provided by Foris Capital US LLC, a FINRA/SIPC member and an entity distinct from the firm’s crypto operations. Foris Capital does not handle the sale, transfer, or custody of digital assets.

The crypto exchange added that the feature will initially be available in Pennsylvania, Ohio, Washington, and Arizona and will soon be rolled out nationwide.

This new feature is part of Crypto.com’s broader 2025 roadmap, which aims to bridge traditional and digital finance. The plan includes introducing stablecoins, ETFs, and conventional banking products, reflecting its commitment to offering diverse financial tools.

US expansions

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

In December, it introduced an institutional crypto custody service under Crypto.com Custody Trust Company, designed for institutions and high-net-worth clients. The platform plans to migrate digital assets held by its US and Canadian customers to this trust in the coming weeks.

In another strategic pivot, Crypto.com reportedly dropped its lawsuit against the US Securities and Exchange Commission (SEC) while expressing a commitment to collaborate with the incoming administration on crypto regulations.

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

Market observers said these initiatives aim to solidify its role as a comprehensive financial platform while expanding its footprint in the competitive US market. Last year, the firm emerged as one of the top trading platforms of 2024, even surpassing established players like Coinbase in trading volume.

The post Crypto.com launches zero-commission stock and ETF trading in US expansion appeared first on CryptoSlate.

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