Could you please clarify for me the ownership structure of Cronos? Is it indeed owned by Crypto.com, or are there other entities involved? I'm trying to understand the relationship between these two entities and how it might impact the broader cryptocurrency ecosystem. Could you also elaborate on the significance of this ownership, if confirmed, in terms of its potential impact on the market? Thank you for your assistance in clarifying this matter.
7 answers
HanbokGlamourQueen
Sun Jun 16 2024
Meanwhile, Cronos Chain, a parallel blockchain network, expands the functionality and scalability of Crypto.com's offerings.
Raffaele
Sun Jun 16 2024
At the core of these advancements is CRO Protocol Labs, a Cayman Island-based entity that specializes in blockchain technology.
HallyuHeroLegendaryStarShine
Sun Jun 16 2024
CRO Protocol Labs is responsible for the development of two pivotal blockchain platforms: the Crypto.org Chain and Cronos Chain.
Sara
Sun Jun 16 2024
The Crypto.org Chain, in particular, serves as the backbone of Crypto.com's ecosystem, enabling secure and efficient transactions.
HallyuHeroLegendaryStar
Sun Jun 16 2024
Crypto.com, a renowned entity in the cryptocurrency landscape, is presently helmed by Foris DAX MT Limited, a Malta-based company.