Overview
- CEO Kris Marszalek forecasts a strong fourth quarter for digital assets if the Fed cuts on Sept. 17, with CME futures putting the odds near 90% after Jerome Powell’s Jackson Hole remarks.
- Crypto.com disclosed $1.5 billion in 2024 revenue, $1 billion in gross profit, and $300 million in net income after reinvesting $700 million.
- Top investment banks have approached the company about an IPO, though leadership says the firm remains private and no decision has been made.
- Crypto.com, Trump Media & Technology Group, and Yorkville signed a definitive deal to form a CRO-focused digital-asset treasury, and CRO briefly surged about 150% before easing.
- The company plans to expand into CFTC-regulated prediction markets and aims to be a primary liquidity provider, with executives acknowledging ongoing regulatory uncertainty.