Crypto.com launches institutional-grade exchange services in the United States

Crypto.com, a Singapore-based digital asset exchange, has launched institutional-grade exchange services under its new platform Crypto.com Exchange in the United States. 

Crypto.com Exchange gives users access to over 300 cryptocurrencies and 480 trading pairs, acting as a complement to the existing retail-focused Crypto.com App for U.S. customers, according to a company release. 

"Since initially testing an early version of the Crypto.com Exchange in the U.S. in 2022, we have invested significantly in the Exchange’s technological capabilities and banking rails resulting in exponential global growth and becoming the industry’s leading USD-supporting cryptocurrency exchange," said Crypto.com co-founder and CEO Kris Marszalek in a statement. "We took the time to build the best possible product for institutional and advanced users around the world and we are now incredibly excited to fully introduce it in the market we continue to be bullish about — the U.S."

The move comes as President Donald Trump's administration begins to rollout its pro-crypto policies. On Tuesday, for instance, the U.S. Securities and Exchange Commission unveiled a new crypto task force led by Hester "Crypto Mom" Peirce to "set the SEC on a sensible regulatory path."

Crypto.com is the second-largest digital asset exchange by monthly spot transaction volume behind Binance, The Block's Data Dashboard shows. Crypto.com brought in $160.2 billion, or 10.4%, out of the $1.5 trillion in total crypto trading volume in January as of publication. 

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Crypto.com's move to launch institutional-grade exchange services via Crypto.com Exchange comes after the firm gained in-principle approval for a Markets in Crypto-Asset (MiCA) license on Jan. 17, The Block previously reported.