Crypto.com partners with Deutsche Bank: Crypto.com has entered a strategic partnership with Deutsche Bank to enhance corporate banking operations in Singapore, Australia, and Hong Kong. This collaboration is aimed at streamlining operations and may extend to the United Kingdom and Europe, showcasing Crypto.com’s commitment to strengthening its global presence.
Market share and regional expansions: Crypto.com holds an 8.24% share in the spot market, becoming the second-largest cryptocurrency exchange after Binance. The recent partnership with Mastercard to issue prepaid crypto cards in Bahrain highlights Crypto.com’s focus on expanding its influence in the APAC and MEA regions.
Innovative services and UAE expansion: The exchange’s recent acquisition of Orion Principals Limited in the UAE marks a significant step. With the Abu Dhabi Global Market license, Crypto.com is set to provide various financial products, including securities and futures, reinforcing its strategic expansions and diversified service offerings.