Crypto.com partners with Deutsche Bank to enhance corporate banking in Asia, aligning with its 2025 expansion strategy and commitment to innovation.
A significant partnership with Deutsche Bank is a milestone toward Crypto.com’s 2025 strategy.
Based in Singapore In a significant step toward the exchange’s international expansion, Crypto.com has partnered with Deutsche Bank to improve its corporate banking capabilities.
The partnership, which was revealed on December 10, will concentrate on simplifying financial processes in critical areas like Australia, Hong Kong, and Singapore.
Crypto.com will have access to cutting-edge corporate banking capabilities through this relationship, which will help it achieve its operational efficiency targets and develop its strategy for international expansion. According to the exchange, the breakthrough demonstrates its dedication to creating a safe, scalable, and legal financial framework in the cutthroat cryptocurrency market.
Karl Mohan, general manager for APAC and MEA at Crypto.com, underlined the significance of the collaboration and how it will help the exchange’s dedication to security and compliance. He went on to say:
“Teaming up with one of the world’s leading financial services providers further cements our, already strong, presence globally.”
Kriti Jain, Head of New Economy Corporate Coverage for APAC at Deutsche Bank, shared these views, pointing out that the bank’s offerings align with Crypto.com’s long-term growth goals.
Expansion with aggression
The partnership with Deutsche Bank coincides with Crypto.com’s rapid international growth, directed by its 2025 strategy. To diversify its offerings, the exchange announced intentions in November to provide an exchange-traded fund (ETF) and a stablecoin.
On December 9, Crypto.com acquired Orion Principals Limited, a brokerage licensed by the Abu Dhabi Global Market (ADGM), marking a significant step toward integrating traditional financial services. Through this acquisition, Crypto.com can provide services such as futures, options, contracts for difference (CFDs), and securities trading while maintaining regulatory compliance.
Furthermore, Crypto.com expanded its footprint in the Gulf Cooperation Council (GCC) by launching a MasterCard-powered prepaid card in Bahrain. The card, available in all tiers, enables users to fund their accounts through the Crypto.com app using other cards or e-wallets and pays rewards of up to 8%.
These programs demonstrate Crypto.com’s proactive dedication to innovation and market expansion, establishing the exchange as a pioneer in the rapidly changing cryptocurrency space.
