By crypto.news | Created at 2025-01-03 17:48:32 | Updated at 2025-01-05 18:46:18
2 days ago
Crypto.com has launched stock and ETF trading for select U.S. 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 roll out the service nationwide.
Users can trade with zero commissions and access fractional shares, providing more flexibility for investors.
US users, you can now add stocks and ETFs* to your portfolio!
Available in Pennsylvania, Ohio, Washington, and Arizona today — soon across the country
For a limited time, get up to a 3% bonus when you transfer your securities into the https://t.co/vCNztATSCO App. Here’s what… pic.twitter.com/HcCYMZvPzg
Crypto.com’s venture into TradFi
To promote the new service, Crypto.com is offering users up to a 3% bonus for transferring securities into the app during a limited promotional period.
The announcement aligns with Crypto.com’s broader strategy to integrate traditional finance products with its crypto offerings. The platform also plans to introduce stock options trading, along with foreign exchange, commodities, and index derivatives later this year.
Crypto.com recently dropped its lawsuit against the U.S. SEC, challenging its authority over certain digital assets. The decision came after 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.
