Crypto.com

The main activity of Crypto.com is to provide services related to cryptocurrencies. The company offers an exchange platform that allows users to buy, sell, and trade cryptocurrencies such as Bitcoin, Ethereum, and many other digital assets. Crypto.com also offers a mobile application that enables the management of crypto wallets, staking, crypto savings, as well as payments via cryptocurrency.

Among its flagship products are Visa payment cards backed by cryptocurrency, allowing users to spend their digital assets in the real world. The company also offers lending solutions, DeFi (decentralized finance) services, a non-custodial wallet, and an NFT marketplace.

Crypto.com is aimed primarily at individuals, investors, and cryptocurrency traders, but also at businesses wishing to accept crypto payments. Its target market is global, with a strong presence in Europe, Asia, and North America.

History of Crypto.com and key stages of its development

Crypto.com is a company founded in 2016 in Hong Kong under the initial name Monaco Technologies. It was created by Kris Marszalek, Rafael Melo, Gary Or, and Bobby Bao. The company's goal was to democratize access to cryptocurrencies and promote their widespread adoption, with the vision “Cryptocurrency in Every Wallet™.”

Key development stages:

• 2016: Company founded under the name Monaco Technologies.
• 2017: Launch of the Crypto.com Visa card, allowing cryptocurrencies to be spent on the global Visa network.
• 2018: Rebranding to Crypto.com, acquisition of the iconic domain name. Launch of the Crypto.com App, making it easier to buy, sell, and manage over 400 cryptocurrencies.
• 2019-2020: Development of new products: Earn (to generate interest on crypto), Pay (payment solution for merchants), Exchange (advanced trading platform), and launch of the native CRO (Cronos) token.
• 2021: International expansion, obtaining licenses and registrations in many countries. Crypto.com becomes the official partner of several major sporting events (Formula 1, UFC, Paris Saint-Germain, etc.) and acquires the naming rights to the Staples Center in Los Angeles, renamed Crypto.com Arena.
• 2022: Launch of Cronos, an EVM-compatible blockchain for DeFi and Web3 applications. Crypto.com continues to expand its offering with products such as staking, options and derivatives, and the integration of NFT solutions.
• 2023-2024: Crypto.com reaches over 150 million users worldwide. The company strengthens its regulatory compliance and security (ISO, SOC2, PCI DSS certifications, etc.), and continues its strategic partnerships, notably in sports and blockchain innovation.

Main products and services: mobile app, exchange platform, Visa card, payment solutions for merchants, DeFi products (Crypto.com Onchain), staking, Earn, NFT, API for developers, and the Cronos blockchain.

Partnerships and acquisitions: Crypto.com has stood out through major partnerships in sports (Formula 1, UFC, football, basketball), technology, and finance. The company has also invested in developing its own blockchain and the Web3 ecosystem.

Strategic changes: Crypto.com has adapted to the evolving crypto market by strengthening security, regulatory compliance, and diversifying its products to meet the needs of individuals, businesses, and institutions.

Today, Crypto.com is one of the most recognized crypto platforms in the world, offering a complete range of services for buying, managing, trading, and using cryptocurrencies, while continuing its expansion and innovation in the blockchain ecosystem.

The founder of Crypto.com is Kris Marszalek. The main members of the executive team also include Rafael Melo (CFO), Bobby Bao (Head of Crypto.com Capital), and Gary Or (Co-founder and CTO). The executive team is composed of experienced professionals in finance, technology, and product development, playing a key role in the growth and management of the Crypto.com platform.