Crypto.com expands into US equities market with acquisition of Watchdog Capital

• Crypto.com acquires Watchdog Capital to enter the U.S. equities market.
• The acquisition permits the buying and selling of shares and choices alongside crypto providers.
• CEO Kris Marszalek guarantees a full vary of providers by year-end for buyers.

Crypto.com has introduced the acquisition of Watchdog Capital, LLC, a US-based broker-dealer registered with the Securities and Trade Fee (SEC).

This strategic acquisition will allow Crypto.com to supply equities and fairness choices to eligible merchants in the USA, marking a pivotal growth in its service choices.

As a registered broker-dealer, Watchdog Capital operates underneath the regulatory oversight of the Monetary Trade Regulatory Authority (FINRA) and the Securities Investor Safety Company (SIPC).

This integration permits Crypto.com to merge conventional asset buying and selling—particularly shares—with its present cryptocurrency providers, offering customers with a complete buying and selling platform that addresses the rising demand for diversified monetary merchandise.

CEO Kris Marszalek highlighted the corporate’s dedication to making a seamless buying and selling expertise for American buyers. “By the top of this yr, Crypto.com will supply a full vary of providers via its household of firms, together with crypto derivatives and now shares,” he said.

This transfer is indicative of a broader development within the monetary business, the place firms are more and more working to bridge the hole between conventional finance and decentralized finance.

The acquisition not solely positions Crypto.com to serve a wider vary of monetary wants but additionally displays a rising development amongst cryptocurrency companies to combine extra typical monetary providers.

Because the panorama evolves, the platform goals to streamline buying and selling for each crypto and conventional asset buyers, providing a compliant and user-friendly pathway for US-based customers looking for funding alternatives in each realms.

Crypto.com is predicted to launch further particulars relating to buying and selling entry and eligibility necessities, additional solidifying its position within the ever-evolving monetary market.