CRO Surges as Crypto.com CEO Unveils 2025 Roadmap

Cronos (CRO), the native token of Crypto.com, has experienced a remarkable surge in value, gaining double digits after the company’s CEO, Kris Marszalek, disclosed the roadmap for 2025.

Significant Price Increase

Following the announcement, CRO saw a dramatic increase of 31.9%, rising from $0.072 to $0.095. Although the price has since adjusted to around $0.085, it still reflects a daily increase of 19%. This surge highlights the market's positive reaction to the strategic plans laid out by Crypto.com.

Expansion Plans for 2025

The 2025 roadmap outlines Crypto.com's ambitious expansion strategy, which includes diversifying its offerings to include stocks, banking, and card services.

In a notable partnership, Crypto.com collaborated with Standard Chartered in August to provide banking and payment solutions for various currencies, including the US dollar, euro, and UAE Dirham. This initiative aims to extend its services to a global audience in the near future.

Upcoming Features and Programs

As part of its 2024 initiatives, Crypto.com plans to launch "Level Up," a rewards program aimed at incentivizing user engagement on its platform. Additionally, the company will introduce a web app and a suite of AI development tools for the Cronos blockchain.

Looking ahead to early 2025, Crypto.com intends to focus on expanding its exchange capabilities and fiat on/off ramp services. A rewards program specifically for Bitcoin users is also in the works, along with enhancements to its institutional custody solutions.

In the latter half of 2025, the roadmap includes the launch of a stablecoin, AI-driven trading tools, and margined derivatives. Furthermore, Crypto.com aims to apply for a Cronos exchange-traded fund (ETF).

CEO's Confidence in the Roadmap

Marszalek emphasized that the roadmap does not place Crypto.com at a competitive disadvantage, citing the robust incentives of its programs that few rivals can match. He also noted that the roadmap's development began in the summer of 2023, with a goal of reaching 250 million users during this bull cycle.