Crypto.com has recently launched a new exchange platform in the US specifically for institutional investors, in addition to the app that caters to retail users.

The decision arrives amidst stiff competition from established exchanges like Coinbase, Kraken, and Gemini, all vying for the business of institutional investors. Notably, major financial institutions like BlackRock and Fidelity have begun to offer crypto exchange-traded funds and tokenized assets as part of this expansion.

With this new platform, Crypto.com aims to provide a cutting-edge trading experience. The exchange guarantees deep global liquidity alongside ultra-low latency, marking a significant move into the competitive Wall Street arena.

“We took the time to build the best possible product for institutional and advanced users worldwide, and we are now incredibly excited to fully introduce it in the market we remain bullish on – the US,” said Kris Marszalek, CEO and Co-Founder of Crypto.com.

Crypto.com has launched its institutional-grade exchange in the U.S., offering advanced trading tools and over 300 cryptocurrencies with low fees and deep liquidity.

Crypto.com to Enable Trading of Over 300 Cryptocurrencies

Both institutional and active traders will benefit from key features designed to simplify their trading workflows. Advanced order types and sub-account creation are tailored for institutional clients, while automated trading bots are available for less active users.

Eligible users can directly fund their Crypto.com exchange accounts through local bank accounts with Fedwire, allowing withdrawals of US Dollars or Stablecoins at a 1:1 ratio without incurring extra fees.

The US Crypto Market is Thriving

The launch of Crypto.com’s platform comes as institutional trading in the North American crypto market is rapidly increasing. In fact, North America recorded around $1.3 trillion in on-chain value from July 2023 to June 2024, accounting for approximately 22.5% of all global crypto activity.

As the US continues to lead in crypto adoption, enhancements in crypto regulation seem imminent. Following the inauguration of Donald Trump, a new task force was set up to establish a comprehensive regulatory framework for digital assets.