Wednesday, February 19, 2025

Crypto.com Expands Financial Services with Charterprime Acquisition

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KEY TAKEAWAYS

  • Crypto.com acquires Charterprime Ltd. to expand its financial product offerings globally.
  • The acquisition will enable Crypto.com to offer securities, derivatives, and other financial products.
  • CEO Kris Marszalek aims to integrate traditional finance and crypto tools into a single app with enhanced rewards.
  • Further service launch details for eligible users will be announced in the coming weeks.

Singapore, November 19, 2024 – Crypto.com has announced the acquisition of Charterprime Ltd., a global financial exchange and brokerage service. Charterprime holds an Investment Dealer Licence and Global Business Licence issued by the Financial Services Commission of Mauritius. This strategic acquisition aims to broaden Crypto.com’s financial product offerings for eligible users across various jurisdictions.

With this acquisition, Crypto.com plans to provide a wider range of financial products, including securities, derivatives, options, futures, and contracts for differences. This move builds on the company’s previous acquisitions of Fintek Securities Pty Ltd. and SEC-regulated broker-dealer Watchdog Capital, LLC.

In a statement, Kris Marszalek, CEO of Crypto.com, highlighted the significance of this acquisition. He stated, “This acquisition is the latest step on our roadmap to bring traditional finance and crypto tools into one simple app with industry-leading rewards.” Marszalek emphasized that users will soon have access to banking services, crypto, stocks, and credit cards all within the Crypto.com App.

Further details regarding the launch of these services for eligible users are expected to be shared in the coming weeks. This announcement follows several recent milestones for Crypto.com, including the unveiling of its product roadmap for 2025 and the launch of its enhanced benefits and rewards experience through Level Up.

For more information, visit the official announcement here.


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Sharif
Sharif
Sharif is a seasoned software engineer with a decade of experience in the tech industry, including 8 years in cryptocurrency and blockchain. With deep knowledge of decentralized technologies, Sharif offers insightful analysis and expert commentary on the transformative potential of blockchain. Through CoinsHolder.com, he shares his expertise, making him a respected voice in the cryptocurrency community.

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