Source: CROUSD Chart by TradingView
Crypto.com Coin has rebranded to Cronos.
Cronos (CRO) is the native cryptocurrency token of Cronos Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company.
Cronos Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.
In the future, Crypto.com plans to expand the reach of the CRO platform to power its other products as well. CRO went live in November-December 2018.
What is VVS Finance, the largest project on Crypto.com’s Cronos chain?
Most people know Crypto.com as an exchange and wallet app competing with the likes of Kraken and Coinbase with a series of high-profile advertising campaigns. These include commercials featuring Matt Damon, a Superbowl halftime spot with Lebron James, and naming rights to the former Staples Center.
Former ConsenSys Sales and Marketing head to lead Cronos chain and Particle B
Ken Timsit named Managing Director for the Cronos chain and the blockchain startup accelerator Particle B.
How Cronos gained $1 billion+ TVL in a month
Cronos is a new chain whose TVL reached $1.5 billion on December 13th, just one month since its Nov. 8 mainnet beta launch.
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