Crypto.com is a Singapore-based cryptocurrency exchange offering a wide range of services, including a trading app, a noncustodial DeFi wallet, an NFT marketplace, and direct crypto payments, having grown from 10 million users in early 2021 to a reported 100 million by mid-2024. The company is famous for its aggressive marketing, featuring actor Matt Damon as a brand ambassador, partnering with soccer club Paris Saint-Germain F.C., and securing the naming rights to the Staples Center (now the Crypto.com Arena) in a 20-year, $700 million deal. Founded in Hong Kong in 2016 as "Monaco" by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo, it was renamed in 2018 after purchasing the domain from researcher Matt Blaze for an estimated $5–10 million. The firm has weathered significant challenges, including a $15 million hack in January 2022 (with no customer funds lost), massive layoffs in 2022 due to the crypto market downturn, and a $1 billion drop in its Cronos token value following the FTX collapse. In June 2023, it shut down its US institutional exchange, and in October 2024, it filed a lawsuit against the SEC after receiving a Wells notice, while also expanding through acquisitions and partnerships with Deutsche Bank and Mastercard. Under the second Trump administration, Crypto.com developed business ties with Trump family companies while facing eased regulatory scrutiny.