Crypto.com was founded in 2016 in Hong Kong by Kris Marszalek, Rafael Melo, Gary Or, and Bobby Bao, originally under the name Monaco. The company launched with a focus on crypto debit cards and rebranded to Crypto.com in 2018 after acquiring the domain for a reported $10 million.
Its early growth was driven by its Visa card program and the introduction of the CRO token, which became central to its ecosystem. The company built out the Crypto.com App and Exchange, expanding into trading, staking and DeFi.
In 2021, during the crypto bull market, Crypto.com made major marketing pushes, including the $700 million deal to rename the Staples Center to Crypto.com Arena and high-profile sponsorships with Formula 1, FIFA and UFC.
The downturn that followed the 2021 bull market forced significant staff cuts and scaling back of rewards, but the company survived where others failed. In the past two years, it has built out its trading portfolio, and continues to push heavily in the US market.
We have collected data and statistics on Crypto.com. Read on below to find out more. Want to dive deeper into the crypto app industry? Check out our Crypto App report.
Crypto.com Key Statistics
- Crypto.com made $1.5 billion revenue in 2024, an increase of 25% on the previous year
- In that year, Crypto.com also transacted $750 billion on its platform
- Crypto.com had 1.2 million active traders on its platform in 2024
- The Crypto.com app was downloaded 14.8 million times in 2024
- About 42% of the downloads in 2024 for Crypto.com were based in the United States
Crypto App Report 2025
Want to learn more about the crypto app industry? Our Crypto App report has stats on app financials, market share, users, installs, demographics and benchmarking data.
- Charts: 41
- Data Points: 685
- Apps covered: 11
Crypto.com Overview
| Title 1 | Title 2 |
|---|---|
| Launch date | 30 June 2016 |
| HQ | Singapore |
| People | Kris Marszalek (co-founder, CEO), Rafael Melo (co-founder, CFO), Bobby Bao (co-founder, head of Crypto.com Capital) |
| Business type | Private |
| Industry | Crypto |
Crypto.com Revenue
Crypto.com generated $1.5 billion revenue in 2024, primarily from fees charged through spot trading.
Crypto.com revenue 2020 to 2024 ($mm)
| Year | Revenue ($mm) |
|---|---|
| 2020 | 650 |
| 2021 | 1100 |
| 2022 | 1050 |
| 2023 | 1200 |
| 2024 | 1500 |
Sources: Crypto App Report, Company data
Crypto.com Transaction Volume
Crypto.com transaction volume reached $750 billion in 2024, an increase of 87.5% on the previous year.
Crypto.com transaction volume 2020 to 2024 ($bn)
| Year | Transaction volume ($bn) |
|---|---|
| 2020 | 50 |
| 2021 | 350 |
| 2022 | 600 |
| 2023 | 400 |
| 2024 | 750 |
Sources: CoinGecko, Company data
Crypto.com Users
Crypto.com had about 1.2 million active users, who trade on the website or app regularly.
Crypto.com users 2020 to 2024 (mm)
| Year | Users (mm) |
|---|---|
| 2020 | 0.8 |
| 2021 | 1.5 |
| 2022 | 0.9 |
| 2023 | 0.8 |
| 2024 | 1.2 |
Sources: Crypto App Report, Company data
Crypto.com Downloads
There were 14.8 million downloads of the Crypto.com app in 2024, an 155% increase on 2023.
Crypto.com downloads 2019 to 2024 (mm)
| Year | Downloads (mm) |
|---|---|
| 2019 | 1 |
| 2020 | 4.8 |
| 2021 | 28.8 |
| 2022 | 15.5 |
| 2023 | 5.8 |
| 2024 | 14.8 |
Sources: Appfigures, AppMagic
Crypto.com Downloads by Country
The United States is responsible for 42% of Crypto.com downloads in 2024, the largest country by far.
Crypto.com downloads by country 2024 (%)
| Country | Downloads (%) |
|---|---|
| United States | 42% |
| United Kingdom | 6% |
| Brazil | 5% |
| Canada | 4% |
| Italy | 4% |
| India | 3% |
| France | 3% |
Source: AppMagic
Finance App Market Landscape
The finance app market can be classified into several distinct subcategories, all of which contribute hundreds of billions of dollars in transaction volume every year. Crypto.com is one of the key cryptocurrency exchanges in the United States. You can download the map as a PDF, which includes a landscape version for presentations.
Crypto Exchange App Revenue
Crypto app revenues reached about the same level they were doing in 2021, during the previous crypto bull run.
Cryptocurrency exchange revenue 2018 to 2024 ($bn)
Want to learn more? Check out our Crypto App Report
Crypto.com FAQ
What services do Crypto.com offer?
Crypto.com offers access to over 400 cryptocurrencies to trade and a wallet to hold the crypto. Crypto debit and prepaid cards are also available. In the derivatives market, users can stake tokens, and the company also offers interest on cash balances. An NFT marketplace and subscription tiers to unlock more savings are also available.
Who owns Crypto.com?
Crypto.com is owned by Foris DAX Asia Pte Ltd, which is a subsidiary of its Malta-based parent. What amount of ownership the founders or investors own has not been disclosed.
Where is Crypto.com based?
Crypto.com is headquartered in Singapore, but the parent company is based in Malta.
