Singapore-based Crypto.com has recently partnered with Deutsche Bank to enhance its corporate banking capabilities, marking a significant milestone in the exchange’s global expansion efforts. The collaboration, announced on Dec. 10, aims to streamline financial operations across key regions such as Singapore, Australia, and Hong Kong.
Through this strategic partnership, Crypto.com will gain access to advanced corporate banking tools that are designed to improve operational efficiency and support its global expansion strategy. This move underscores the exchange’s commitment to building a secure, scalable, and compliant financial framework in the competitive crypto industry.
Karl Mohan, Crypto.com’s general manager for APAC and MEA, emphasized the importance of this partnership in strengthening the exchange’s commitment to compliance and security. He stated, “Teaming up with one of the world’s leading financial services providers further cements our already strong presence globally.”
Deutsche Bank also expressed its support for the collaboration, with Kriti Jain, Head of New Economy Corporate Coverage for APAC, highlighting the alignment between the bank’s services and Crypto.com’s long-term growth objectives.
This partnership with Deutsche Bank comes at a time when Crypto.com is aggressively expanding globally, as outlined in its 2025 roadmap. The exchange recently announced plans to launch a stablecoin and an exchange-traded fund (ETF) to diversify its offerings.
In a move towards integrating traditional financial services, Crypto.com acquired Orion Principals Limited, a licensed brokerage under the Abu Dhabi Global Market (ADGM) on Dec. 9. This acquisition enables Crypto.com to offer services such as securities trading, contracts for difference (CFDs), options, and futures while ensuring regulatory compliance in the region.
Furthermore, Crypto.com has introduced a MasterCard-powered prepaid card in Bahrain, extending its presence in the Gulf Cooperation Council (GCC) region. The card, available across all tiers, offers up to 8% rewards and allows users to fund their accounts via the Crypto.com app using e-wallets or other cards.
These strategic initiatives highlight Crypto.com’s commitment to innovation and market expansion, positioning the exchange as a leader in the ever-evolving crypto landscape.