Posted 1 month ago | by @devadmin
User base doubled in the last four months, revenues grew 10x in 2020
Hong Kong, 24 February 2021: Crypto.com, the world’s fastest growing cryptocurrency app that lets you buy, earn and spend crypto all in one place, today announced it has over 10 million users. This milestone comes only 4 months after crossing the 5 million user mark, highlighting tremendous momentum for the company and the entire cryptocurrency industry.
Commenting on the milestone, Kris Marszalek, Co-founder and CEO, said: “Crypto.com has demonstrated consistent double digit growth rates month-on-month for over 2 years, in all market conditions, driving 10x revenue growth in 2020. With the bull market in full swing, we’re seeing growth accelerating even faster. To serve our highly engaged customer base we have been investing heavily in growing our team who are building the most secure and regulated cryptocurrency platform in the world. In the last 12 months we grew from 250 to now over 900 employees globally. We stand by our commitment to deliver the best product for our customers and drive the world’s transition to cryptocurrency.
In 2020 we publicly announced our strategic goal: 100m users by 2025. Given the accelerated growth, we are now expecting to reach 100m users by 2023, a full two years ahead of schedule. We will continue to deliver against our product roadmap, serving critical use cases of payments, trading and finance while making strategic investments in developing DeFi, and NFT solutions. With the recent launch of the Crypto.com Derivatives Exchange and the Crypto.org Chain Mainnet launch set for 25 March 2021, we are perfectly positioned to lead the cryptocurrency industry forward.”
Crypto.com was founded in 2016 on a simple belief: it’s a basic human right for everyone to control their money, data and identity. Crypto.com serves over 10 million customers today, with the world’s fastest growing crypto app, along with the Crypto.com Visa Card — the world’s most widely available crypto card, the Crypto.com Exchange and Crypto.com DeFi Wallet.
Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have ISO/IEC 27701:2019, CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance, and independently assessed at Tier 4, the highest level for both NIST Cybersecurity and Privacy Frameworks.
Crypto.com is headquartered in Hong Kong with a 900+ strong team. Find out more by visiting https://crypto.com
Original article published on Crypto.com’s blog.