HomeMarket analysisWho owns the most Crypto.com (CRO) in 2025?

Who owns the most Crypto.com (CRO) in 2025?

CRO’s ownership structure continues to evolve in 2025, shaped by ongoing transparency reforms and increasing institutional participation.
By Dan Mitchell
Crypto.com coin icon crypto currency token symbol come out from smartphone with growth chart. Trading cryptocurrency on application.
Photo: Adisak Riwkratok / Shutterstock

As of 11 November 2025, the Crypto.com (CRO) token trades between $0.130 and $0.136, above its 52-week low of $0.068 but well below its 2021 all-time high of $0.9698.

Following a major partnership and acquisition, Trump Media Group CRO Strategy Inc. became the largest known holder of CRO, underscoring the cryptocurrency's evolving ownership landscape.

Past performance is not a reliable indicator of future results.

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What is Crypto.com and how does it work?

Crypto.com launched in 2016 as a cryptocurrency payment gateway designed to support the wider adoption of digital assets. It was co-founded by Kris Marszalek, Rafael Melo, Gary Or and Bobby Bao under Monaco Technology GmbH, later rebranding as Crypto.com. Its platform token, originally Monaco Coin (MCO), was reissued as Cronos (CRO).

The platform provides a range of services, including a crypto exchange, decentralised finance (DeFi) products such as lending and borrowing, a non-custodial wallet, and an NFT marketplace.

The platform runs on a dual-blockchain structure, built on the Cosmos SDK and compatible with the Ethereum Virtual Machine (EVM), enabling seamless use of Ethereum-based smart contracts and decentralised applications (dApps) within the Cronos ecosystem.

CRO is the native token of Crypto.com, used for staking, validator incentives and tiered platform benefits.

CRO supply and tokenomics

CRO was originally issued with a maximum supply of 100 billion tokens, of which 70 billion were permanently burned in 2021 – one of the largest burns in crypto history.

As of November 2025, over 36.1 billion CRO are in active circulation (CoinMarketCap, 12 November 2025). Most monthly unlocks and burns were completed by 2025, leaving the circulating supply stable, with remaining tokens largely allocated to ecosystem and validator operations.

Crypto.com holds a corporate treasury containing several billion CRO, although recent burns and lock-ups have reduced its on-chain dominance.

Who owns the most Crypto.com tokens? CRO whales analysis

CRO operates on both the Cronos mainnet and as a wrapped ERC-20 token on Ethereum.

As of late 2025, Trump Media Group CRO Strategy Inc. is the largest known holder, controlling over 684 million CRO following a strategic partnership and partial acquisition earlier this year – the largest single stake in the token’s history.

Crypto.com remains a major holder through its corporate reserves, though its overall share of supply has declined as part of its decentralisation and transparency efforts.

CRO’s whale concentration remains significant:

  • The top 10 holders control roughly 8% of Cronos mainnet supply.
  • In Ethereum, wrapped CRO remains highly concentrated, with the top 10 addresses holding over 92% of tokens.

This concentration highlights CRO’s exposure to large-holder movements, particularly during periods of high trading volume or institutional transfers.

CRO token news and price drivers

As of 11 November 2025, CRO trades between $0.130 and $0.136, up from its 52-week low of $0.068, but still far below its November 2021 all-time high of $0.9698. The token’s 52-week high of $0.387 reflects renewed confidence in early 2025, followed by corrections amid wider crypto-market volatility.

Price developments in 2025 have been influenced by:

  • Institutional participation, led by Trump Media Group CRO Strategy Inc.
  • Transparency initiatives by Crypto.com, including public wallet disclosures.
  • Evolving regulation and sentiment following the 2022–2023 bear market.

While CRO has shown some price stabilisation, it remains susceptible to macroeconomic trends and whale-related movements across digital-asset markets.

Technology and ecosystem overview

Crypto.com’s dual-chain design links Ethereum and Cosmos SDK networks, ensuring compatibility between mainnet CRO and wrapped CRO.

Key features in 2025 include:

  • Staking and validator rewards for mainnet holders.
  • EVM interoperability, allowing integration with Ethereum-based smart contracts.
  • Active DeFi, NFT, and Visa card programmes that continue to form part of its ecosystem.

These features support CRO’s dual role as both a utility token and a settlement asset within Crypto.com’s broader framework.

The bottom line

As of November 2025:

  • The CRO ecosystem remains active and evolving, supported by greater transparency and growing institutional involvement.
  • Trump Media Group’s large holding illustrates both confidence and concentration risk.
  • Crypto.com’s supply discipline and on-chain reporting have helped stabilise CRO following previous volatility.
  • CRO continues to face price fluctuations driven by large-holder movements and broader market sentiment.
Past performance is not a reliable indicator of future results. Always consider your financial situation and risk tolerance before trading or investing.

FAQ

Who created Crypto.com?

Bobby Bao, Gary Or, Kris Marszalek and Rafael Melo launched Monaco in Hong Kong in 2016. The company was rebranded to Crypto.com in 2018, aligning with its goal of promoting wider cryptocurrency adoption through its exchange, blockchain and payment solutions.

Who owns Crypto.com?

Crypto.com is operated by Foris DAX Asia, a subsidiary of Foris DAX MT (Malta) Limited, headquartered in Singapore. In 2025, the company entered a strategic partnership with Trump Media Group CRO Strategy Inc., which became the largest institutional holder of CRO tokens.

What is the Crypto.com (CRO) token used for?

CRO serves as the native token of the Crypto.com ecosystem, offering utility across staking, validator incentives and transaction fee payments. It also provides tiered benefits for users who stake CRO within the Crypto.com app, DeFi services and the prepaid Visa card programme.

How does Crypto.com ensure transparency and security?

Crypto.com operates a proof-of-reserves verification programme, allowing users to verify holdings on-chain. The company also maintains regulated subsidiaries in several jurisdictions and implements multi-factor authentication, cold storage and regular audits to strengthen security and trust.

Is CRO a good investment?

Crypto.com’s CRO token is not guaranteed to appreciate in value, and its performance depends on market conditions, institutional participation and wider crypto sentiment. While CRO has shown stability improvements following transparency reforms, its price remains highly volatile. Past performance is not indicative of future results. Traders should always consider their risk tolerance and financial situation before making any investment or trading decisions.

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