Crypto.com announces a partnership with Deutsche Bank to enhance its corporate banking support within the Asia-Pacific (APAC) region.
The exchange announced the development today, indicating that Deutsche Bank will be its corporate banking partner in the region. According to the announcement, the partnership will also see Deutsche Bank provide additional banking support for Crypto.com in the future.
This collaboration marks a new milestone for the crypto exchange. Notably, it will gain access to advanced banking tools to enhance its operational efficiency and corporate banking capability within the region.
CryptoCom and Deutsche Execs React
Karl Mohan, Crypto.com’s Global Head of Banking Partnerships, highlighted the significance of the latest development.
He said the partnership aligns with the exchange’s commitment to providing adequate user security and complying with global regulators. He added that the alliance would also strengthen its global presence.
“Collaborating with Deutsche Bank providers further cements our already strong presence globally. We are excited to build on this with the support of Deutsche Bank,” Mohan remarked.
Kriti Jain, Deutsche Bank’s Head of New Economy Corporate Coverage for APAC, expressed excitement about the partnership. She pointed out that the bank’s commitment to innovation and expertise in serving global new economy clients make it an ideal partner in helping Crypto.com achieve its long-term goals.
CryptoCom Expands Its Global Presence
This development comes as Crypto.com pursues its global expansion goals, which have led to new partnerships and the acquisition of top entities.
Earlier this week, the exchange announced its acquisition of Orion Principals Limited, an Abu Dhabi Global Market-licensed brokerage company. Through the acquisition, Crypto.com users will gain access to various financial products, ranging from securities to contracts for difference (CFD).
We are excited to announce the acquisition of Orion Principals Limited, an Abu Dhabi-based brokerage company licensed by Abu Dhabi Global Market (ADGM).
This acquisition will enable https://t.co/vCNztATkNg to offer various financial products, including securities, options,… pic.twitter.com/S2au3F4e5o
— Crypto.com (@cryptocom) December 9, 2024
In August, the exchange became the first crypto entity to collaborate with the UEFA Champions League. The three-year deal, spanning 2024 – 2027, seeks to boost Crypto.com’s visibility in the football scene, leveraging the Champions League global audience, which runs into hundreds of millions during a cup final.
