From Crypto to Wall Street: Crypto.com Takes on Stock Trading

From Crypto to Wall Street: Crypto.com Takes on Stock Trading

Crypto.com has announced a major expansion into traditional finance, enabling U.S. users to trade stocks and exchange-traded funds (ETFs) on its platform. This move positions the company as a direct competitor to established platforms like Robinhood and Etoro, signaling a shift from its crypto-centric roots to a broader investment ecosystem.

Crypto.com Gradually Rolls Out Stock Trading Feature

According to an announcement by Crypto.com, the stock trading feature is initially available to users in Pennsylvania, Ohio, Washington, and Arizona. The company plans to expand this service across the United States in the coming months. “U.S. users, you can now add stocks and ETFs to your portfolio,” the firm posted on X (formerly Twitter). “Available in Pennsylvania, Ohio, Washington, and Arizona today — soon across the country.”

In addition to this rollout, Crypto.com revealed plans to introduce commission-free trading and the ability to buy and sell fractional shares, making stock investing more accessible to a broader audience. These features aim to diversify the platform’s offerings and attract both seasoned and first-time investors.

A Growing Ecosystem

Crypto.com’s user base has surged from 10 million in early 2021 to over 100 million by mid-2024, reflecting exponential growth. The company’s prior services include a crypto exchange, a mobile app, a non-custodial wallet, a payment platform, and a reloadable debit card backed by Visa and Mastercard. This latest expansion into stock and ETF trading aligns with its broader strategy to become a comprehensive financial platform.

Within the app, eligible users can navigate to the newly introduced “Stocks” tab, which is part of Crypto.com’s 2025 roadmap to deliver more features and functionality. Last month, the company also launched its first sports event trading product and established the Crypto.com Custody Trust Company. This new trust company charter authorizes Crypto.com to offer custody services to eligible institutions and high-net-worth clients in North America.

CEO’s Vision

Following the announcement, CEO Kris Marszalek expressed his excitement about the new feature, stating: “First release of 2025 — we are rolling out Stocks and ETFs to U.S. users. Crypto.com is set to become the one place to grow all your wealth.”

What’s Next for Crypto.com?

As Crypto.com continues to innovate and expand, its entry into stock and ETF trading marks a significant step toward becoming a holistic investment platform. By offering commission-free trading and fractional shares, the company aims to capture a share of the traditional finance market while retaining its core crypto audience. This move signals a future where crypto and traditional assets coexist seamlessly on a single platform, offering unprecedented convenience and accessibility for investors.