Singapore-based cryptocurrency exchange company Crypto.com announced Tuesday that Deutsche Bank will provide corporate banking services for Crypto.com in Singapore, Australia and Hong Kong, with a commitment to working closely to provide additional banking support and country coverage as the relationship progresses.

Crypto.com said in a statement that the partnership is a milestone for Crypto.com’s operations and will allow seamless corporate banking capability, enhanced efficiency, and establish a strong banking foundation in the region.

“This is a momentous relationship for us and further highlights our commitment to security and compliance,

“Teaming up with one of the world’s leading financial services providers further cements our, already strong, presence globally and we are excited to build on this with the support of Deutsche Bank,” said Karl Mohan, General Manager APAC and MEA and Global Head of Banking Partnerships for Crypto.com.

Kriti Jain, Head of New Economy Corporate Coverage for APAC and Cash Sales for APAC & MEA for Deutsche Bank, said they are delighted to support Crypto.com’s strategic businesses in Asia Pacific.

“Our strong track record with serving global new economy clients, combined with our commitment to innovation and broad global network position us strongly to help Crypto.com with its long-term growth ambitions,” he added.

This announcement follows a number of recent significant milestones for Crypto.com, including the Crypto.com product roadmap for 2025 and the launch of Crypto.com’s benefits and rewards experience through Level Up.

Founded in 2016, Crypto.com is used by more than 100 million customers worldwide.

The firm is committed to accelerating the adoption of cryptocurrency through innovation and empowering the next generation of builders, creators, and entrepreneurs to develop a fairer and more equitable digital ecosystem.

Based in Germany, Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors.

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