- Crypto.com partners with Deutsche Bank to enhance corporate banking services in Asia-Pacific with plans for future expansion.
- Ingenico and Crypto.com to pilot simplified crypto payments via AXIUM Android terminals by early 2025 for global accessibility.
Top crypto exchange Crypto.com just made a big advancement by partnering with Deutsche Bank, Germany’s biggest financial institution and a worldwide corporate banking leader.
With intentions for future expansion, the cooperation is expected to strengthen Crypto.com’s corporate banking capabilities in important countries, including Singapore, Australia, and Hong Kong.
Crypto.com & Deutsche Bank: Strengthening Global Financial and Digital Asset Innovation
General Manager for APAC and MEA and Global Head of Banking Partnerships at Crypto.com, Karl Mohan, said the partnership highlights the company’s commitment to security and compliance, hence enhancing its worldwide presence.
Kriti Jain, Head of New Economy Corporate Coverage for APAC for Deutsche Bank, underlined the bank’s dedication to innovation and its large worldwide network that will help Crypto.com’s long-term growth at the same time.
This development coincides with Deutsche Bank’s continuous attempts to increase its engagement in the digital asset ecosystem. To provide custody and tokenizing capabilities for its customers, the bank teamed with well-known digital asset infrastructure company Taurus earlier this year.
Such projects show how closely Deutsche Bank is matching with the changing requirements of the digital economy.
The news of the cooperation fit the positive trend in the stock prices of Deutsche Bank and the native token of Crypto.com, Cronos (CRO), in the market. These developments not only show investor confidence but also imply rising market interest in partnerships bridging traditional banking with the cryptocurrency space.
According to CNF, early 2025 will see Crypto.com and Ingenico collaborating to provide crypto payments to a larger audience. Using Ingenico’s “plug-and-play” solution linked via AXium Android terminals, this project seeks to streamline merchant acceptance of cryptocurrency.