Crypto.com has acquired Orion Principals Limited, a brokerage firm regulated by the Abu Dhabi Global Market (ADGM), as part of its efforts to broaden its range of financial products.
Orion, based in Abu Dhabi, is licensed by ADGM to provide investment and ancillary services related to various financial instruments.
This acquisition will enable Crypto.com to offer eligible users a broad suite of financial products, including securities, options, futures, contracts for difference, and more.
Details on the rollout of these services are expected in the coming weeks.
This move aligns with Crypto.com’s recent expansion efforts, which include acquiring Fintek Securities, Charterprime, and SEC-registered broker-dealer Watchdog Capital.
In November, the company also unveiled its 2025 product roadmap and introduced new user benefits through its “Level Up” programme.
“We have a clear path set out in our product roadmap for 2025 – to offer our users the most comprehensive platform for a broad range of financial investment services.
We are continually growing our presence in the UAE, which has one of the strongest regulatory frameworks for the digital assets industry globally and we appreciate ADGM’s commitment to supporting innovation in our sector.”
said Kris Marszalek, CEO of Crypto.com.
Featured image credit: Edited from Freepik
