The Crypto.com exchange announced the launch of the American platform for institutional investors.
Singaporean Crypto.com announced about the beginning of the first phase of the platform launch. The exchange will support institutional investors, at the first stage – users from the waiting list. The list is expected to expand in the coming months.
The list is for US investors only. Exchange VIP users will be able to access some features such as exclusive events, advanced market insights, and rewards.
In recent months, the Singaporean cryptocurrency exchange has been conducting a rather aggressive campaign to expand its business. In February, Crypto.com became an official partner of the Miami Formula 1 Grand Prix and entered into a nine-year agreement with South Florida Motorsports.
Last December, the company joined other crypto exchanges such as FTX and Coinbase to advertise their business on the SuperBowl. The 30-second ad cost Crypto.com $6.5 million.
In January of this year, the company announced a temporary suspension of withdrawals due to suspicious activity that Crypto.com said threatened the safety of clients’ assets.
Source: Bits
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