One of the largest exchanges with $1.2 billion in daily trading activity, Crypto.com, has united with the World Economic Forum (WEF).
The Hong Kong-based exchange is now included on WEF’s website as an organization. Before this, Ripple and Coinbase also joined as partners.
In 2017, Crypto.com made its debut as an Initial Coin Offering (ICO) and rose swiftly to amass $4 billion in assets. They faced massive withdrawals during a Proof of Keys test in late 2022 when sharks swarmed and hopped after the fall of FTX.
When Crypto.com passed the test, it became one of the few cryptocurrency companies to withstand a rigorous examination.
Since 2018, the World Economic Forum (WEF) has supported cryptocurrencies and will host a sizable cryptocurrency conference at Davos, Switzerland, in 2019. They established a center for the Fourth Industrial Revolution and have primarily concentrated on blockchain technology.
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