Crypto.com Combines Sports and Blockchain with New Innovations for US Players

crypto.com_logo
Reading Time: 2 minutes

As 2025 approaches, Crypto.com is gearing up to redefine the online betting experience for sports enthusiasts and crypto users alike. With the launch of its sports prediction market in the U.S., the platform combines digital assets and real-world sports outcomes, offering users a forward-looking way to engage with their favorite games. This new feature allows customers to wager on major sporting events like the Super Bowl using supported cryptocurrencies, including Crypto.com’s native Cronos token, through its app.

Set to go live alongside one of the year’s most iconic events, the Super Bowl, the sports prediction market builds on Crypto.com’s established reputation for innovation and trustworthiness in both the cryptocurrency and sports industries. The platform’s seamless integration with its app, fast transactions, and privacy-forward design make it a compelling choice for those looking to explore blockchain-powered betting.

Expanding the Crypto Frontier

Crypto.com’s ambitions for 2025 extend beyond sports betting. The platform recently announced the launch of Crypto.com Custody Trust Company, an institutional cryptocurrency custody service designed for U.S. and Canadian markets. This newly chartered trust provides secure storage solutions for institutions and high-net-worth individuals, reinforcing the platform’s growing presence in North America.

In a statement, CEO Kris Marszalek highlighted this development as a significant milestone, reflecting Crypto.com’s confidence in the North American market. The service is part of a broader plan to establish Crypto.com as a key player in the two active and influential crypto markets of the U.S. and Canada. Over the coming weeks, digital assets held by Crypto.com’s U.S. and Canadian customers will migrate to the new custody platform, offering enhanced security and trust.

A Keen Eye for Growth

These initiatives align with the surging demand for crypto-integrated services. In 2024, sports betting in the U.S. reached $14.3 billion in revenue, showcasing the rapid growth of the market. Yet, crypto-based betting remains a relatively untapped opportunity. Crypto.com’s prediction market addresses this gap, leveraging its extensive sports partnerships with leagues like Formula 1, UFC, and the NBA to attract a dedicated user base.

Simultaneously, the launch of Crypto.com Custody Trust Company positions the exchange as a leader in institutional crypto services, offering robust infrastructure for asset custody while advancing its expansion roadmap.

Josh Andrews

Author: Josh Andrews

As an avid follower of the crypto world from the beginning since early 2010, Josh has experienced and covered every drop, turn and rise of Bitcoin from the first halving to the countless attempts of regulation. Over the years Josh has developed a keen interest in the different applications and uses of Bitcoin and its current movement within the gambling industry. It's safe to say very few can match Josh's passion for the growth and development of Bitcoin.

Leave a Reply

Your email address will not be published. Required fields are marked *