Crypto.com App Lists Initia (INIT)
Purchase INIT easily with USD, EUR, and 20+ fiat currencies
Initia (INIT) is now listed on the Crypto.com App, joining the growing list of 400+ supported cryptocurrencies and stablecoins, including Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Chainlink (LINK), VeChain (VET), USD Coin (USDC), and Cronos (CRO).
Initia is a Layer 1 blockchain built on the Cosmos SDK and offers a modular framework that supports the deployment of interwoven rollups. These rollups are L2 rollups that are tailored to specific applications, enhancing scalability and performance. By removing the complexities of traditional blockchain development, Initia allows developers to focus on building while Initia provides the comprehensive tools, security and interoperability. $INIT serves as the native governance token for the Initia ecosystem.
Crypto.com App users can now purchase INIT easily with USD, EUR, and 20+ fiat currencies, and spend it at over 80 million merchants globally using the Crypto.com Visa Card.
Authors
Crypto.com Research and Insights team
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