Crypto.com Exchange has announced a significant partnership with Tokenwell, a publicly listed company on the Canadian Securities Exchange (CSE). This collaboration allows users in the United States to buy and sell diversified cryptocurrency baskets constructed with CoinDesk Indices and Coin Metrics through their Crypto.com Exchange accounts. The assets will remain securely stored on the Exchange.
The initiative aims to simplify the process of portfolio diversification for investors, offering exposure to multiple crypto assets within a single basket. By utilizing institutional-quality indices, users can make informed, professional-grade investment decisions. The streamlined investment process through Tokenwell combines convenience and security, leveraging Crypto.com’s robust infrastructure.
Karl Turner, Director of Crypto.com Exchange, emphasized that the partnership reflects the company’s commitment to enhancing access to digital assets through reliable partnerships. “Together, we’re making institutional-quality crypto investing tools available to retail investors globally,” he stated.
Timothy Burgess, Chief Executive Officer of Tokenwell, described the collaboration as a milestone in the effort to democratize professional-grade crypto investing. He noted that the direct integration with a Tier-1 global exchange enables everyday investors to safely and easily access diversified crypto baskets through a trusted platform.
Currently live in the U.S., the partnership is expected to expand to European markets in the future. Retail investors can access these baskets immediately through the Tokenwell app, with all assets securely stored on the Crypto.com Exchange.
Consumers are advised to be mindful of jurisdictional limitations, as product availability on the Crypto.com Exchange App may vary. Regulatory restrictions may limit certain products, features, and services based on geographical location.
Founded in 2016, Crypto.com has quickly become a trusted platform for millions of users worldwide, known for its focus on regulatory compliance, security, and user privacy. The company’s mission is to promote the adoption of cryptocurrency, aiming for “Cryptocurrency in Every Wallet™.”
Tokenwell, for its part, focuses on providing retail investors with access to diversified crypto baskets leveraging institutional-quality indices. Its goal is to make cryptocurrency investing accessible, transparent, and secure, allowing users to engage with multiple digital assets through a user-friendly interface while ensuring asset safety through partnered exchanges. For additional information about the partnership and services, inquiries can be directed to [email protected].
