Crypto.com Is Changing Cryptocurrency & Investing Forever. Here is How, & Here Is What Worries Me...

Crypto.com Is Changing Cryptocurrency & Investing Forever. Here is How, & Here Is What Worries Me...

Crypto.com is trademark of Foris DAX Asia Pte. Ltd a subsidiary of Foris DAX MT (Malta) Limited a company incorporated in Malta and headquartered in Singapore that operates a cryptocurrency exchange app. The exchange currently has 10 million users and 3,000 employees.[1][2]

History
The company was initially founded by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo in 2016 as "Monaco".

In 2021, the company purchased the naming rights to Staples Center in Los Angeles, paying a reported $700 million to change the name to Crypto.com Arena for 20 years.[3] The name change takes effect on December 25, 2021.[4] Crypto.com also has notable sponsorship deals with Formula One, Serie A, the UFC, Paris Saint-Germain F.C., the Philadelphia 76ers[5], the Montreal Canadiens[3] and have signed Hollywood Star Matt Damon as brand ambassador.[6]

Cryptocurrencie
Crypto.com has launched in November-December 2018 a decentralized, open-source blockchain cryptocurrency called Crypto.com Coin (CRO). As of December 2021 the CRO is ranked #14 with an onverall market cap of $18 829 316 411 USD.[7]