Canary Capital Submits S-1 Registration for CRO Spot ETF

Crypto.com to Serve as CRO ETF Custodian and Liquidity Provider

May 30, 2025 – Canary Capital Group LLC (“Canary Capital”), a digital asset-focused investment firm, has submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (“SEC”) for the first spot CRO ETF in the U.S. The proposed publicly available fund aims to provide U.S. investors with direct exposure to the price of CRO, the native token of the Cronos network. Crypto.com will serve as a custodian and liquidity provider of the fund.

“ETFs have been an effective means for broadening investor participation in crypto and further integrating digital and traditional finance capabilities,” said Eric Anziani, President and COO of Crypto.com. “We are tremendously excited to see this important step being taken in building towards all investors in the U.S. having the opportunity to engage with CRO through an ETF with Canary Capital.”

This milestone follows Canary Capital and Crypto.com’s recently announced partnership to establish the Canary CRO Trust, the first private investment vehicle of CRO for U.S. accredited investors.

Important Information:

This press release does not constitute an offer to sell or a solicitation of an offer to buy any shares of beneficial interest of the fund, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state of jurisdiction. A registration statement on Form S-1 relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted prior to the time the registration statement becomes effective. You should carefully consider the investment objectives, risk factors and charges and expenses of the fund detailed in the registration statement on Form S-1, including the risk factors included therein, before investing.

About Crypto.com

Founded in 2016, Crypto.com is trusted by more than 140 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 and empowering the next generation of builders, creators, and entrepreneurs to develop a fairer and more equitable digital ecosystem.