Crypto.com Expands US Presence with New Washington, DC Office

Crypto.com is growing its American presence with a new regional office in Washington, DC

This development comes at a time when 21shares has introduced a new exchange product (ETP) that gives investors an organized access to Crypto.com backed by Blockchain Cronos.

Return to the American market

According to a press release May 7 subscriber With Cryptopotato, the new office will be in downtown the city, near the White House.

“The American market is essential in the growth strategy in Crypto.com and the most exciting borders of our entire industry,” said Matt David, President of North America and chief corporate affairs official on the stock exchange.

He explained that with the existence of the current administration to create a more stable organizational environment, the main members of the Congress take the initiative, and to expand the presence of the company and the workforce in the capital that would help support their common goals to develop both businesses and the broader encryption industry.

DC office will mainly focus on dealing with matters related to the public and the government for the company’s operations in the country. This is the latest expansion of Crypto.com in North America, after the opening of its regional headquarters in Tyler, Texas, in 2024.

Last month, the Singapore Stock Exchange also held a partnership with Trump Media to launch a series of products circulating on the encryption stock exchange that is expected to be alive later this year. This step is part of the direction of a larger industry in which global encryption companies are used to their activities in the United States

Recently, OKX shared its plans Reopening American Crypto Exchange and launch a new Web3 portfolio for users in the region. Crypto Lander Nexo as well Declare Its return to the country’s market due to a better organizational environment during the era of President Trump’s administration.

21 Shares launches ETP, which focuses on Cronus

In relevant news, a new 21shares ETP has allowed investors to reach Cronos Blockchain and the original CRO code.

“By launching Cronos ETP, we offer investors … organized exposure to a Blockchain ecosystem that leads the real world’s adoption,” said Mandy Cioe, head of financial products development at 21shares.

According to a statement, it will be ETP Running On Euronext Paris and Amsterdam under Cron Tecker. The new product has 2.5 % administrative fees and is designed to help investors access the emerging infrastructure.

CRONOS is a Blockchain layer 1 layer designed to finance decentralization (De-Fi), NFTS, and AI’s Web3 applications. It is compatible with Ethereum and Cosmos, and aims to bridge central and decentralized systems.

Crypto.com played a major role in the development of the network and is still a major contributor. The CRO code is used for transactions on Blockchain and offers different benefits on the stock exchange.