Singapore-based Crypto.com has joined forces with Deutsche Bank to enhance its corporate banking capabilities, marking a milestone in the exchange’s global expansion efforts.
This collaboration announced on December 10 will streamline financial operations in key regions including Singapore, Australia and Hong Kong.
This partnership will allow Crypto.com to access corporate banking software that is designed to support the company’s global expansion and improve operational efficiency. The exchange believes development highlights the exchange’s commitment to building a secure, scalable, and compliant financial framework in the competitive crypto industry.
Crypto.com’s general manager for APAC and MEA, Karl Mohan, emphasized the importance of the partnership, highlighting its role in strengthening the exchange’s commitment to compliance and security. He said:
“Teaming up with one of the world’s leading financial services providers further cements our, already strong, presence globally.”
Deutsche Bank echoed these sentiments, with Kriti Jain, its Head of New Economy Corporate Coverage for APAC, noting the alignment between the bank’s services and Crypto.com’s long-term growth objectives.
Aggressive expansion
Crypto.com’s global expansion is being accelerated by the 2025 roadmap, which guides its collaboration with Deutsche Bank. The exchange announced plans in November to introduce a stablecoin as well as an ETF to increase its offering.
Crypto.com made a major step towards integrating traditional financial service by purchasing Orion Principals Limited on Dec. 9. Orion Principals Limited is a licensed broker under Abu Dhabi Global Market. Crypto.com can now offer services including securities trading and contracts for differences (CFDs), futures and options while remaining compliant with regulatory requirements in the UAE.
Crypto.com has also recently launched a MasterCard prepaid card for Bahrain. This extends its reach in the Gulf Cooperation Council region. Cardholders can earn up to 8 percent rewards on the card. They may fund their account via Crypto.com’s app by using electronic wallets or credit cards.
These initiatives reflect Crypto.com’s aggressive innovation and market expansion approach, positioning the exchange as a leader in the evolving crypto landscape.
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