Crypto.com expands banking services: Crypto.com’s partnership with Deutsche Bank introduces banking services in Singapore, Australia, and Hong Kong. This move marks the beginning of expanding these services to Europe and the UK. This strategic collaboration is vital for Crypto.com’s goal to diversify services beyond digital asset trading.
Support from Deutsche Bank: Kriti Jain of Deutsche Bank highlights the bank’s enthusiasm in supporting Crypto.com’s expansion in Asia Pacific. Leveraging Deutsche Bank’s expertise and network, this collaboration is set to enhance Crypto.com’s growth. The move signifies a robust step in solidifying Crypto.com’s business reach.
Future plans for crypto.com: Besides partnering with Deutsche Bank, Crypto.com plans to introduce stocks, new banking services, and advanced trading features by 2025. There’s a roadmap for developing a stablecoin, introducing AI-powered trading tools, and offering margined derivatives, demonstrating the platform’s aim for innovation and expansion.