CryptoCom Launches OTC Portal for Institutional Clients as CRO Taps New ATH

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Pop­u­lar cryp­tocur­ren­cy exchange and pay­ments provider Cryp­to­Com announced today the launch of its new over-the-counter (OTC) solu­tion for its insti­tu­tion­al and VIP clients.

At the same time, the company’s native token con­tin­ues with its notable per­form­ers by chart­ing a new all-time high.

CryptoCom Launches OTC Portal

In a Mon­day press release shared with Cryp­toPota­to, the exchange revealed that the new OTC por­tal will enable the few eli­gi­ble users to receive instant quo­ta­tions for large OTC trades, which are often done manually.

The solu­tion does this by allow­ing insti­tu­tion­al investors and a few large-vol­ume retail traders to buy or sell trad­ing pairs at a pre-approved price using a back­end quot­ing engine that can pro­vide a quote with­in seconds.

The exchange not­ed that this OTC por­tal will allow select users to take advan­tage of mar­ket con­di­tions and exe­cute large trades as quick­ly as possible.

Speak­ing on the mat­ter, the co-founder and CEO of Cryp­to­Com, Kris Marsza­lek, said, “We are excit­ed to launch our OTC solu­tion for insti­tu­tion­al and VIP clients, allow­ing them to eas­i­ly exe­cute block trades and cap­ture mar­ket oppor­tu­ni­ties more efficiently.”

As per the release, only a few select insti­tu­tion­al and retail VIPs can access the new ser­vice as of now. How­ev­er, the exchange explained that all insti­tu­tion­al and VIP clients will soon gain access to the solution.

Top 10

Cryp­to­Com was found­ed in 2016, and the domain was report­ed­ly bought for a whop­ping $12 mil­lion in 2018. Since then, the Sin­ga­pore-head­quar­tered cryp­to com­pa­ny has man­aged to make a name for itself in the rapid­ly grow­ing dig­i­tal asset industry.

The com­pa­ny is cur­rent­ly among the top ten cryp­to spot exchanges in the world. It serves more than 10 mil­lion users, scat­tered across the globe, with its high­ly intu­itive cryp­to app.

The plat­form has one of the world’s largest cryp­to card pro­grams, the Cryp­to­Com Visa Card. It also boasts plat­forms fea­tur­ing some of the biggest trends in the mar­ket, includ­ing a Cryp­to­Com DeFi wal­let and Cryp­to­Com NFT platform.

CRO Hits New ATH

Mean­while, as Cryp­to­Com con­tin­ues to launch new fea­tures and expand its glob­al mar­ket­ing cam­paigns and part­ner­ships, its native token CRO has been gain­ing momentum.

Short­ly after the com­pa­ny won the nam­ing rights to Sta­ples Cen­ter in a $700 mil­lion deal, CRO gained more than 50%, hit­ting a new all-time high of $0.79.

At the time of writ­ing, the token is trad­ing at $0.7 and rank­ing as the 13th largest cryp­tocur­ren­cy by mar­ket cap.

CROUSD. Source: TradingView
CROUSD. Source: TradingView
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