summary: Crypto.com is a pioneering payment and cryptocurrency company, formerly known as Monaco Technologies GmbH. 
content: Crypto.com is a pioneering payment and cryptocurrency company with a mission to accelerate the world's transition to cryptocurrency. In March 2021, Crypto.com launched a $200 million fund for crypto startups at Seed and Series A stages. Crypto.com Capital has invested in several crypto startups including Genies, a leading avatar, and Non-Fungible Token (NFT) company. Overview Crypto.com's consumer products include the Crypto.com Wallet & Card App, the MCO Visa Card, Crypto.com Chain, as well as Crypto Credit. The company was founded as Monaco Technologies GmbH in June 2016 with Kris Marszalek as CEO. The company announced its rebrand to Crypto.com on July 6, 2018. On October 22, Crypto.com began shipping its MCO Visa Card in Singapore and subsequently on November 16, announced its plan to roll out the MCO Visa Card program in the United States in partnership with Metropolitan Commercial Bank. In May 2021, Crypto.com became the first cryptocurrency exchange to announce the use of CipherTrace's Traveler solution, the first commercial solution to enable compliance with global anti-money laundering (AML) travel rule laws. In May, Crypto.com became the first global cryptocurrency platform to receive a Class 3 Virtual Financial Assets (VFA) License from the Malta Financial Services Authority (MFSA). A Class 3 VFA License authorizes Crypto.com to provide the following services to experienced and non-experienced investors: execution of orders on behalf of other persons, custodian or nominee services, and dealing on own account. Crypto.com Exchange Crypto.com Exchange debuted with the spot trading functionality, with more features and promotions being added to the platform to deliver a suite of trading-related services for both retail and corporate users. Crypto.com Exchange supports trading pairs for cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin, USDC, and more, as well as the CRO token - the native currency of Crypto.com Chain. Margin Trading Margin trading on the Crypto.com Exchange allows users to borrow cryptocurrencies on Crypto.com Exchange to trade on the spot market. Eligible users can use the margin loan as leverage to open a position that is larger than the balance of their account. Derivatives Trading The first derivatives product offered on Crypto.com perpetuals perpetuals. Perpetuals enable traders to buy or sell the value of their ‘assets’, whereby the underlying asset itself is never traded, allowing them to better manage risk. Perpetuals do not expire or have a settlement date, and users can hold their positions for as long as needed. Crypto.com Lending Crypto.com Lending allows users to borrow against your cryptocurrencies without selling them. Users can deposit them as collateral and take out crypto loansusers'ulfill users financialthem needs, use for Margin Trading on the Crypto.com Exchange, or hedge on other exchange platforms. Institutional users who require more flexibl loan terms, can apply for Lending Pro on Crypto.com Lending. Once the application has been approved, you can enjoy a higher borrowing limit and apply for loans with customized terms when they are available. Syndicate The Syndicate is a discounted token offering platform on Crypto.com Exchange, powered by the CRO token. The Syndicate helps projects raise awareness and drive user education. The listing project can provide an allocatif their own token for distribution on the Crypto.com Exchange users with up to a 50% discount. All proceeds from the sale are passed back to the projects. CRO holders receive priority token allocation for these events. Crypto.com App With the Crypto.com App users can buy crypto with their fiat wallets and/or with a credit or debit card. The Crypto.com App supports fiatsral fiat and over 50 cryptocurrencies. Users also can send crypto to Crypto.com App users instantly ithout fees, or withdraw crypto to external wallet addresses with minimal fixed fees. Users can monitor 200+ coins at their fingertips in the coin tracking tab. Metrics available include prices, volume, market cap, % change, and more that are refreshed frequently and up-to-date. The app also presents charts in dual currencies (USD, BTC) and different time frames (8H, 1D, 1W, 3M, 6M). The Crypto.com App enables users to apply for and manage their Visa Card and enabspending of their cryptocurrency in the online and offline world. Crypto Earn Crypto Earn is offered within the Crypto.com App. Crypto Earn is a product that lets users who want to capitalize on their holdings while retaining ownership. Crypto Earn gives users the freedom to grow their crypto assets and earn up to double-digit interest rates annually on different cryptocurrencies. Crypto Earn supports more than 18 tokens, including Chainlink, PAX Gold, Bitcoin Cash, and Stellar. Crypto Earn also supports stablecoins including TrueUSD, Paxos Standard, and more. There are three holding term options for users to choose from at the time of deposit: a flexible hola ding term, a 1-month fixed term, and a 3-month fixed term. Once the deposit is confirmed, interest will start to accrue immediately. Users with CRO staked will receive preferential interest rates. Crypto Credit Crypto Credit is offered within the Crypto.com App. With Crypto Credit, users can deposit cryptocurrencies as collateral to borrow a crypto loan. Supported collateral currencies include Bitcoin (BTC), Ethereum (ETH), CRO, Litecoin, Stellar, EOS, Cardano, Algorand, Cosmos, VeChain (VET), Chainlink, and Wrapped Bitcoin (WBTC), with more currencies to be added progressively. After depositing the required collateral, the user will receive the loan instantly in their crypto wallet in the Crypto.com App. Supported loan currencies include Tether (USDT), TrueUSDand, USD Coin, Paxos (PAX). Users with CRO staked will receive preferential loan interest rates. Wallet Crypto.com DeFi Wallet is designed for all levels of crypto users. The wallet supports most major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), CRO, Litecoin, Stellar, Curve DAO Token, and TrueFi (TRU). Users can have more than one wallet and change their wallet networks from Mainnet to Ethereum Testnets in the Crypto.com DeFi Wallet App. Crypto.com DeFi Swap DeFi Swap is designed to be the best place to swap and farm DeFi coins at the best available rate, leveraging proven and audited protocols, while offering an outstanding incentive program powered by CRO. Liquidity Providers (LPs) are incentivized for contributing to liquidity pools with Triple Yield through Swap-fee Sharing for LPs, CRO DeFi Yield for LPs who also stake CRO, and Bonus LP Yield for LPs of selected pools. Crypto.com DeFiDecentralizedDefi swap is integrated with the Defi wallet allowing users to exchange tokens directly in the Defi Wallet app. Crypto.org Chain Crypto.org Chain is the next-generation public blockchain that enables transactions worldwide between people and businesses. It is also the technology that powers Crypto.com Pay. Crypto.org Chain Mainnet launched in March 2021, with Crypto.org Coin (CRO) as its native currency. Users can stake CRO in Crypto.com Defi Wallet to join delegated proof-of-stake and earn yield. The team chose Tendermint - a byzantine fault-tolerant (BFT) consensus protocol - as the consensus engine for Crypto.org Chain. CRO Token The Crypto.com Coin (CRO) token is the native token of the Crypto.org Chain. CRO also powers the overall Crypto.com ecosystem, with utility across payment, trading, and financial services. In February 2021, Crypto.com announced updates to the CRO token distribution, with the goal of 100% decentralization in preparation for the Crypto.org Chain Mainnet launch. Crypto.com has pledged to burn 70 billion CROs (reducing the total supply of the token to 30 billion CROs), with the remaining 5.9 billion CROs to be used as Mainnet block rewards for Chain validators and allocation to Particle B for ecosystem development. Crypto.com Pay Crypto.com Pay is a mobile payment service that lets the user pay in and/or receive cryptocurrency anywhere and anytime for free. Crypto.com Pay has a suite of offerings, including Pay Checkout, Pay Gift Cards, Pay Airtime Top-Up, and Pay Your Friends. Pay Checkout Pay Checkout lets customers check out and pay in crypto and/or merchants to receive crypto as an additional payment option. Pay Checkout interface is easy and intuitive to use for both merchants and customers: 1. The customer pays in crypto by choosing “Crypto.com Pay” on the checkout page at the merchants. 2. The customer is presented with a QR code and scans to pay - either with Crypto.com App or with a supported decentralized wallet. 3. The customer’s account is debited. The merchant receives payment instantly in the fiat currency or cryptocurrency of their choice in their business account with Crypto.com. Pay Gift Cards With Pay Gift Cards, Crypto.com App users can shop at worldwide prominent brands with crypto and get cashback in CRO with each purchase. Crypto.com offers gift cards from brands in several different categories including airlines, hotels, games, fashion, food and beverage, general retail, telecommunication, gas and diesel, entertainment, taxi services, and grocery. Users can get Crypto.com gift cards for brands including iTunes, Google Play, Amazon, Starbucks, and Nike among others. Pay Airtime Top-Up Pay Airtime is a feature that enables Crypto.com App users to pay for mobile airtime top-ups via Crypto.com Pay in cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin, and CRO. With a few c