Founded in 2016, Crypto.com is a payment and cryptocurrency platform that empowers users to buy, sell, and pay with crypto. The platform serves over 10 million customers with products including a crypto app, the Crypto.com Visa Card, the Crypto.com Exchange, and Crypto.com DeFi Wallet.
Institutional interest continues to play a vital role in the crypto ecosystem. Integrating with Fireblocks will enable Crypto.com to expand their reach to over 400 institutional participants on the Network, including some of the biggest global banks, liquidity providers, OTCs, hedge funds, and asset managers.
“Being onboard the Fireblocks Network will allow Crypto.com to increase the company’s institutional trading volume, and overall presence at a global level,” said Eric Anziani, Chief Operating Officer of Crypto.com. “We are already leveraging Fireblocks for our internal treasury management system, and the Crypto.com Exchange integration with the Fireblocks Network is another step in creating a secure infrastructure for institutions to enter the digital asset space.”
Crypto.com looks to increase institutional trading volume
Since launching in June 2020, the Fireblocks Network has grown 627%, amassing over 400 institutional participants. Now, Fireblocks Network participants have an easy and secure path to trade and rebalance assets on Crypto.com.
“We are excited that exchanges like Crypto.com are seeing real value in our institutional network, and understand the pivotal role that it can play in strategic growth and expansion plans,” said Fireblocks CEO Michael Shaulov. “The Fireblocks Network not only allows for a more secure and seamless way to transfer assets, but also serves as a discovery venue for the most active institutional participants in the digital asset space.”
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