KEY POINTS

  • Crypto.com exchange is open for waitlisted institutional investors
  • The services will be rolled out to other uses in the coming months

  • Crypto.com is a Singapore-based exchange

Singapore-based cryptocurrency exchange Crypto.com has launched its crypto trading platform in the United States to waitlisted institutional investors.

The company tweeted Tuesday: "Some things are worth the wait http://Crypto.com Exchange is now in the U.S. Priority access for institutional investors: Deep liquidity for all market conditions, Robust security. Opportunity to attend exclusive events."

The company invited institutional investors to join the waitlist at crypto.com/exchange. VIP users would be eligible for exclusive events and rewards, along with forums with thought leaders.

“We are excited to be expanding our offering for professional traders to the U.S.,” said Kris Marszalek, CEO of Crypto.com. “Crypto.com Exchange will support U.S. institutional investors through this initial launch phase. We are looking forward to rolling it out to everyone as soon as possible.”

Crypto.com has made some big moves in 2021. The company signed a long-term $175 million deal with the entertainment company Ultimate Fighting Championship (UFC). It also acquired the naming rights to the iconic Staples Center in Los Angele, which is now called “Crypto.com Arena.” The company also partnered with the Angel City Football Club (ACFC).

However, in January, Crypto.com was breached and the company disclosed that 438 accounts were affected and $34 million in crypto were stolen.

Representations of cryptocurrencies including Bitcoin, Dash, Ethereum, Ripple and Litecoin are seen in this illustration picture taken June 2, 2021.
Representations of cryptocurrencies including Bitcoin, Dash, Ethereum, Ripple and Litecoin are seen in this illustration picture taken June 2, 2021. Reuters / FLORENCE LO
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