PANews reported on February 5 that according to Cointelegraph, the crypto exchange Crypto.com has listed the launch of an ETF for its native token Cronos (CRO) as a priority this year, highlighting the growing institutionalization trend of digital assets. According to Crypto.com's 2025 roadmap, the exchange plans to submit an ETF application in the fourth quarter. But no other details were provided.

Prior to filing an ETF application, Crypto.com plans to list stocks, stock options, and ETFs on its platform starting in the first quarter. It also plans to launch new banking features, including personal multi-currency accounts and cash savings accounts. One of the most ambitious goals is to release the new Crypto.com stablecoin in the third quarter. Although there are few details about stablecoins and ETFs, a Crypto.com spokesperson said the new products are part of a broader effort to "[enhance] every aspect of the user experience." This includes offering the "widest range of financial investment services." The spokesperson said: "We have completed five of the six planned products in the first quarter roadmap, but in addition to this, we have also launched our institutional custody service ahead of schedule.

The exchange is headquartered in Singapore but has operations around the world. It is unclear where it plans to file its ETF application, or in what fiat currency its stablecoin will be issued. Previously, Crypto.com received a full EU license under the Markets in Crypto-Assets (MiCA) framework.