Kris Marszalek, the CEO of Crypto.com, has expressed a bullish outlook for the cryptocurrency market in the upcoming fourth quarter, citing the likelihood of an anticipated interest rate cut by the U.S. Federal Reserve. He believes that a rate cut would lower borrowing costs and increase liquidity, thus potentially benefiting digital assets significantly. In a recent interview with Bloomberg, Marszalek emphasized the historical precedent for such a move, referencing a notable 57% increase in crypto markets following previous rate reductions between September and December 2024.
Current indicators suggest a high probability—approximately 91.7%—of a rate cut, following comments made by Fed Chair Jerome Powell in August. Analysts expect this cut to be announced during the upcoming Federal Reserve meeting on September 17, 2025. Marszalek is confident that if this cut occurs, it would lead to increased liquidity in the crypto market and could stimulate significant gains for major cryptocurrencies like Bitcoin and Ethereum.
In addition to his market predictions, Marszalek shared insights into Crypto.com’s financial health. He reported that the company achieved $1.5 billion in revenue for 2024, with a gross profit of $1 billion. Looking ahead, he anticipates an even stronger performance in 2025, driven by growing institutional interest and the broader adoption of digital currencies.
On the topic of an initial public offering (IPO), Marszalek revealed that Crypto.com has received interest from several leading investment banks. Despite these overtures, the company remains private, valuing the operational flexibility this status affords. “We have the numbers for an IPO, but we’re not rushing,” he stated, indicating a preference to concentrate on strategic execution.
Beyond traditional financial aspects, Crypto.com is expanding its footprint in new sectors, particularly in prediction markets. Marszalek mentioned the company’s intentions to enter areas such as sports betting and political event wagering, aiming to establish a robust U.S. liquidity hub that would compete with established platforms like Polymarket and Kalshi.
Another considerable development is Crypto.com’s partnership with Trump Media and Technology Group, which was announced in late August. This collaboration revolves around the treasury strategy for Crypto.com’s native token, Cronos (CRO). Following the announcement, CRO’s value soared nearly 150% before stabilizing at approximately $0.27, although it continues to play a significant role in the company’s growth strategy.
Marszalek highlighted that partnerships of this caliber are vital for building the long-term credibility of CRO, even as the token remains well below its all-time high of $0.96, reached in November 2021. However, amid the optimistic sentiment, analysts have raised concerns. Some have noted a disconnect between the expected rate cuts and rising bond yields, particularly highlighting that the yield on the 30-year U.S. Treasury note has recently reached 5%. Marszalek acknowledged that, while the Fed’s policies could offer momentum, macroeconomic risks like rising yields could introduce complications to the market dynamics moving forward.
