# Crypto.com (Crypto.com Pay + Visa Card)

> Source: https://docs.barcoder.ai/docs/wallets/crypto-com
> research date 2026-05-29 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Crypto.com — official](https://crypto.com/)

## Overview

**Crypto.com** is **a major global crypto-exchange + crypto-card-payment platform**, operated by **Foris DAX MT Limited** (Malta-incorporated) <sup>[1][1], [2][2]</sup>. By **2025**, Crypto.com served **100+ million users globally** across **90+ jurisdictions**. The **Crypto.com Visa Card** + **prepaid + credit-card products** enable spending crypto by **automatic conversion to fiat at point-of-sale** — among the most popular crypto-card products.

**Major 2025 milestones**:
- **April 2025 — Crypto.com Visa Signature® Credit Card US launch** via **Bread Financial partnership** — first US Crypto.com credit-card with **5 tiers (Midnight Blue → Obsidian)** + uncapped CRO rewards.
- **April 30, 2025 — USD-Denominated Crypto.com Prepaid Visa Card US launch**.
- **Visa-backed crypto card industry growth**: Net spending from **$14.6M (Jan 2025) to $91.3M (Dec 2025) — +525% YoY**.

## History

**2016 — Monaco card launches** <sup>[2][2]</sup>: Crypto.com's predecessor; "MCO" token.

**2018 — Rebranded to Crypto.com** <sup>[2][2]</sup>: Acquired premium crypto.com domain.

**2020-2022 — Mass crypto-card + exchange growth + UFC + F1 + LA Lakers naming-rights deals** <sup>[2][2]</sup>: Major sports-marketing visibility.

**2023-2024 — Continued exchange + card growth amid crypto-cycle recovery**.

**April 2025 — Bread Financial US Crypto.com Visa Signature Credit Card launch** <sup>[3][3]</sup>: First US Crypto.com credit-card with 5 tiers.

**April 30, 2025 — USD-Denominated Prepaid Visa Card US launch** <sup>[4][4]</sup>.

**2025 — Visa-backed crypto card 525% YoY growth** <sup>[3][3]</sup> (industry-wide context including Crypto.com).

## Ownership & operator

**Operating entity**: **Foris DAX MT Limited** (Malta) — Crypto.com's primary operating entity.

**Founder + CEO**: **Kris Marszalek** (Polish-Australian; founded Monaco predecessor 2016).

**Regulators (multi-jurisdiction)**:
- **Singapore**: **MAS** (Major Payment Institution license).
- **Malta**: **MFSA** (Crypto operating license).
- **Bahrain**: **CBB**.
- **France**: **AMF** (PSAN registration).
- **UAE**: VARA + ADGM.
- **US**: state-level money transmitter + Bread Financial banking partnership for Visa Signature Credit Card.

## Technical integration

| Layer | Description |
|---|---|
| **Channels** | Crypto.com mobile app (iOS + Android) + Crypto.com web + Crypto.com Visa Cards (prepaid + credit) |
| **Identifiers** | Email + card number + blockchain addresses (DeFi Wallet) |
| **Card products** | **Crypto.com Visa Card** (prepaid, 5 tiers) + **Crypto.com Visa Signature Credit Card** (US, 5 tiers, April 2025+) + **USD-Denominated Prepaid Visa Card** (US, April 30, 2025+) |
| **Card-network partner** | **Visa** |
| **US banking sponsor (Credit Card)** | **Bread Financial** |
| **Auto-conversion** | Crypto → fiat at point-of-sale via Crypto.com platform |
| **Crypto.com DeFi Wallet** | Distinct self-custody Web3 wallet product |
| **Native token** | **CRO (Cronos)** — used for staking + rewards |

## Users & growth

**2025** <sup>[1][1]</sup>:
- **Users**: 100+ million globally
- **Markets**: 90+ jurisdictions
- **Visa-backed crypto card industry growth (Jan → Dec 2025)**: $14.6M → $91.3M monthly net spending (+525% YoY)

## Use cases

Crypto trading (exchange); spending crypto via Visa Card (5 tiers); credit-card US (April 2025+ Bread Financial); USD-Denominated Prepaid Visa Card US (April 30, 2025+); CRO staking + rewards; Crypto.com DeFi Wallet (self-custody); Crypto.com NFT marketplace; sports + entertainment integrations.

## Implementations & partners

**Operator**: **Foris DAX MT Limited** (Crypto.com).

**Card-network partner**: **Visa**.

**US Credit Card banking sponsor**: **Bread Financial** (April 2025+).

**Sports partnerships**: UFC, F1 Aston Martin, LA Lakers arena (Crypto.com Arena), Paris Saint-Germain.

**Major competitors**: **[Binance Pay](https://docs.barcoder.ai/docs/wallets/binance-pay)** (21M+ merchants), **[Coinbase Wallet (Smart Wallet)](https://docs.barcoder.ai/docs/wallets/coinbase-wallet)** (Coinbase Exchange custodial trading), **Kraken**, **OKX**, **Bybit**, **KuCoin** (other major crypto exchanges).

**Native token**: **CRO (Cronos)**.

**Regulator**: **MAS + MFSA + CBB + AMF + VARA + ADGM + state-level US + others**.

## Fun facts

- **2016 launch as Monaco** with MCO token; **2018 rebranded to Crypto.com** after acquiring premium crypto.com domain.
- **100M+ users + 90+ jurisdictions (2025)** — among largest crypto-platform user bases.
- **April 2025 first US Crypto.com Visa Signature Credit Card** with 5 tiers (Midnight Blue → Obsidian) via **Bread Financial partnership**.
- **Sports-marketing visibility**: UFC, F1 Aston Martin, LA Lakers' **Crypto.com Arena** (formerly Staples Center) naming rights, Paris Saint-Germain partnership.
- **CRO (Cronos)** native token for staking + rewards.
- **Foris DAX MT Limited Malta-incorporated** primary operating entity.
- **Kris Marszalek founder + CEO** (Polish-Australian).
- **Visa-backed crypto card industry +525% YoY (Jan → Dec 2025)** — major crypto-payment growth context.

## Comparison

| Feature | Crypto.com | [Binance Pay](https://docs.barcoder.ai/docs/wallets/binance-pay) | [Coinbase Wallet (Smart Wallet)](https://docs.barcoder.ai/docs/wallets/coinbase-wallet) (+ Coinbase Exchange) | Kraken | OKX |
|---|---|---|---|---|---|
| Operator | **Foris DAX MT Limited (Malta)** | Binance Holdings (Seychelles) | Coinbase Global (NASDAQ: COIN) | Payward, Inc. | OKX |
| Type | **Exchange + Visa Card + DeFi Wallet** | Exchange + Pay merchant network + self-custody | Exchange (custodial) + Wallet (self-custody) | Exchange-focused | Exchange + Web3 wallet |
| Users | **100M+** | 45M (Binance Pay specifically) | Coinbase: substantial | ~10M | Substantial |
| Card products | **Visa Card prepaid + Visa Signature Credit (US April 2025+)** | n/a | Coinbase Card | n/a | Limited |
| Native token | **CRO (Cronos)** | BNB (Binance Chain) | Coinbase doesn't use native exchange token | Limited | OKB |
| US presence | **Bread Financial Credit Card April 2025+** | Limited US (post-DOJ) | Full US (NASDAQ-listed) | Full US | Limited US |
| Sports marketing | **UFC + F1 + LA Lakers + PSG** | UFC (historical) | Limited | NHL | Limited |

## Status

**Active, major global crypto platform with Visa Card + new US Credit Card** <sup>[1][1], [3][3]</sup>:
- **Foris DAX MT Limited (Crypto.com)** since 2016.
- **100+ million users globally + 90+ jurisdictions**.
- **April 2025 US Crypto.com Visa Signature Credit Card launch** (Bread Financial partnership).
- **April 30, 2025 USD-Denominated Prepaid Visa Card US launch**.
- **Visa-backed crypto card industry +525% YoY (Jan → Dec 2025)** context.

## Sources

[1]: https://crypto.com/ "Crypto.com — official"
[2]: https://en.wikipedia.org/wiki/Crypto.com "Crypto.com — Wikipedia"
[3]: https://blockonomi.com/visa-backed-crypto-card-usage-grew-525-in-2025-as-users-push-91m-in-transactions "Visa crypto cards +525% — Blockonomi"
[4]: https://investor.breadfinancial.com/news-releases/news-release-details/cryptocom-selects-bread-financial-launch-new-crypto-based "Crypto.com + Bread Financial — Bread Financial"

- [1] [Crypto.com — official][1]
- [2] [Crypto.com — Wikipedia][2]
- [3] [Visa crypto cards +525% — Blockonomi][3]
- [4] [Crypto.com + Bread Financial — Bread Financial][4]

## Source

Biography extracted from [crypto-com.md](https://docs.barcoder.ai/source/wallets/crypto-com). See `matrix.md` for standards-support matrix if present.