CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
crypto.news 2025-01-22 07:31:05

Crypto.com announces trading platform for institutional traders in the US

Singapore-based trading firm Crypto.com has announced a new platform catering to institutional investors in the United States. Revealed on Jan. 21, the platform aims to strengthen Crypto.com’s presence in the U.S. by offering advanced solutions tailored for institutional trading. It will operate as a complementary service to the existing Crypto.com App, which caters to retail traders in the country. According to Crypto.com co-founder and CEO Kris Marszalek, the launch builds on the company’s significant investments in technological capabilities and banking infrastructure since testing an early version of the exchange in 2022. As part of its offerings, institutional traders on the new platform will have access to over 300 cryptocurrencies and 480 trading pairs alongside advanced trading tools, deep liquidity, and infrastructure designed to support high-frequency and large-volume trading, the announcement stated. Further, the platform introduces advanced order types and sub-account options for active traders, while less frequent traders can leverage built-in trading bots like DCA, GRID, and TWAP for automated strategies. You might also like: Crypto.com grabs provisional MiCA license Users can fund their accounts via Fedwire transfers and withdraw US Dollars or USDC at a 1:1 ratio. The platform also supports instant transfers, OTC services, and low-latency trading through API integrations and client-focused programs. Crypto.com’s expansion into the institutional market comes as regulatory developments in the U.S. signal a shift toward greater clarity for the cryptocurrency sector under a pro-crypto administration led by President Donald Trump. Since Trump’s election victory, the company has made moves to strengthen its U.S. presence. In December, Crypto.com expanded its footprint in the U.S. by launching the Crypto.com Custody Trust Company, offering custodial services to institutions and high-net-worth clients across the U.S. This move came just days after Crypto.com Marszalek met with Trump at Mar-a-Lago, where they discussed crypto-friendly policies, including a proposed national Bitcoin reserve. Subsequently, Crypto.com also withdrew its lawsuit against the SEC, which had challenged the agency’s jurisdiction over certain digital assets. Earlier this month, the exchange introduced stock and ETF trading on its platform for select U.S. users. Following Trump’s inauguration, the Securities and Exchange Commission, led by Acting Chair Mark Uyeda, has moved quickly to address crypto oversight. On Jan. 21, the SEC announced the formation of a dedicated crypto task force with the goal of “developing a comprehensive and clear regulatory framework” for crypto assets. Read more: Crypto.com donates $1m to support LA wildfire relief efforts

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.