Crypto.com Acquires Watchdog Capital to Offer Equities and Options Trading in the US

This strategic acquisition will enable Crypto.com to offer equities and equity options to eligible traders in the United States, marking a pivotal expansion in its service offerings.

Crypto.com, a renowned cryptocurrency platform, has recently acquired Watchdog Capital, LLC, a US-based broker-dealer registered with the Securities and Exchange Commission (SEC).

This strategic move will enable Crypto.com to expand its service offerings and cater to a broader range of financial needs. With the acquisition, eligible traders in the United States will now have access to equities and equity options through the platform.

As a registered broker-dealer, Watchdog Capital operates under the regulatory oversight of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).

This integration will allow Crypto.com to merge traditional asset trading, specifically stocks, with its existing cryptocurrency services. By combining these offerings, the platform aims to provide users with a comprehensive trading experience that addresses the growing demand for diversified financial products.

“This year, Crypto.com will offer a full range of services through its family of companies, including crypto derivatives and now stocks,” said Kris Marszalek, CEO of Crypto.com, highlighting the company’s commitment to creating a seamless trading experience for American investors.

“We are excited about this next chapter and will share more updates on trading access and eligibility soon.”

This acquisition is a testament to a broader trend in the financial industry, where companies are working to bridge the gap between traditional finance and decentralized finance.

The move not only positions Crypto.com to serve a wider spectrum of financial needs but also reflects a growing tendency among cryptocurrency firms to integrate more conventional financial services.

As the landscape evolves, the platform aims to streamline trading for both crypto and traditional asset investors, offering a compliant and user-friendly pathway for US-based users seeking investment opportunities in both realms.

Crypto.com is expected to share additional details regarding trading access and eligibility requirements as the integration progresses, further solidifying its role in the ever-evolving financial market.

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