Crypto.com has launched stock and ETF trading for select US users, marking a significant expansion beyond cryptocurrency.
The new feature allows users to buy, sell and transfer stocks and exchange-traded funds through the Crypto.com app. Initially available in Pennsylvania, Ohio, Washington and Arizona, the platform plans to expand the service nationwide.
Users can trade with zero commissions and access fractional shares, providing investors with greater flexibility.
US users, you can now add stocks and ETFs* to your portfolio!
Today it is available in Pennsylvania, Ohio, Washington and Arizona; nationwide soon
For a limited time, earn up to a 3% bonus when you transfer your securities to the https://t.co/vCNztATSCO App. Here’s what… pic.twitter.com/HcCYMZvPzg
— Crypto.com (@cryptocom) January 3, 2025
Crypto.com’s TradFi initiative
To promote the new service, Crypto.com is offering users a bonus of up to 3% for transferring securities to the app during a limited promotional period.
The announcement is in line with Crypto.com’s broader strategy to integrate traditional financial products with crypto offerings. The platform also plans to introduce stock options trading, as well as currency, commodity and index derivatives, later this year.
Crypto.com recently withdrew its lawsuit against the US SEC, challenging its jurisdiction over certain digital assets. The decision follows a meeting between Crypto.com CEO Kris Marszalek and President-elect Donald Trump, where they discussed crypto-friendly policies, including a proposed national Bitcoin reserve.