Crypto.com Announces Acquisition of SEC Registered Broker-Dealer Watchdog Capital, LLC

SEC Registered Broker-Dealer and Member of FINRA and SIPC Licensed to Offer Equities and Equity Options for Traders in the U.S.

United States, October 31, 2024 – Crypto.com announced today the acquisition of a SEC registered broker-dealer and member of FINRA and SIPC, Watchdog Capital, LLC. This acquisition will enable Crypto.com’s new subsidiary to offer equities and equity options, among other things, to eligible traders in the U.S.

“We are aggressively working towards integrating traditional financial tools with digital financial capabilities and are doing so while maintaining our focus on building responsibly with the necessary licenses and registrations to operate as the industry’s leader.” said Kris Marszalek, CEO of Crypto.com. “We are extremely confident in the future of the U.S. market as we see growing bipartisan support for our industry. This acquisition furthers the capabilities of the Crypto.com family of companies through a fully registered broker dealer.”

With this acquisition, the Crypto.com family of companies will offer users in the U.S. the ability to engage with stocks and options markets. Additional information on the new products and services available, including when and how to begin trading, will be shared with eligible customers of the broker dealer.

“Consumers and traders want to engage in the digital-first trading environment of today’s comprehensive market,” said Travis McGhee, Managing Director, Global Head of Capital Markets of Crypto.com. “With this latest acquisition, we take another big step forward in offering a top-tier global financial trading and services solution.”

This is the latest significant product milestone for Crypto.com, including the launch of UpDown Options, the first CFTC-regulated crypto derivatives product and offered by CFTC-regulated Crypto.com | Derivatives North America, adding PayPal as a payment method, launching global retail services powered by Standard Chartered, and the Crypto.com Exchange becoming the world’s number one USD-supporting exchange.

About Crypto.com

Founded in 2016, Crypto.com is trusted by more than 100 million customers worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation.

Learn more at https://crypto.com.

Disclaimer

Watchdog Capital, LLC is a broker-dealer registered with the Securities Exchange Commission and a Member of FINRA and SIPC. Watchdog Capital is a separate entity from Crypto.com, Foris DAX, Inc., and other affiliated Foris companies. Watchdog does not engage in the sale, transfer or custody of crypto currencies or digital assets. Crypto.com is a separate entity from Watchdog Capital and does not engage in the securities business. Customer balances and crypto holdings held and transacted at Crypto.com and other entities outside of Watchdog are not covered by SIPC insurance and are separate from securities transactions and holdings at Watchdog Capital. Standard Chartered Bank is not an affiliate of Crypto.com, Watchdog Capital, Foris DAX Markets, Inc., Foris DAX, Inc. and other affiliated Foris companies.