Crypto.com Announces Plans for Cronos ETF and Stablecoin in 2025
Leading cryptocurrency exchange Crypto.com has unveiled its plans to launch a Cronos exchange-traded fund (ETF) in 2025. This move aligns with the increasing institutional interest in the crypto sector.
According to the company’s roadmap, the ETF filing is scheduled for the fourth quarter of 2025, though further details about the offering remain undisclosed. Before introducing the ETF, Crypto.com intends to roll out stock and stock options trading on its platform in the first quarter of the year. Additionally, it plans to launch a new stablecoin by the third quarter.
As part of its expansion strategy, the company has already completed five out of six planned financial products for the first quarter. These initiatives aim to enhance user experience and strengthen the company’s global presence.
While Crypto.com is headquartered in Singapore and operates internationally, it remains unclear where the ETF will be filed.
Crypto.com Secures MiCA License in Malta
In a significant regulatory milestone, Crypto.com’s Malta division has obtained a MiCA (Markets in Crypto-Assets) license from the Malta Financial Services Authority (MFSA), making it the first global crypto firm to receive full MiCA approval.
Eric Anziani, President of Crypto.com, emphasized the importance of this achievement, stating:
“Securing a MiCA license has been a major priority for us in recent years, and receiving this approval further cements our continued commitment to being the most compliant and regulated crypto platform globally.”
Despite these advancements, the native Cronos (CRO) token has been experiencing a bearish trend. Over the past month, CRO’s price has dropped by approximately 33%, reflecting ongoing downward momentum.
As of the latest update, CRO is trading at $0.1053, marking a 0.95% intraday decline. The token has a market capitalization of $2.8 billion and a circulating supply of 26.57 billion.
