Crypto.com CEO Kris Marszalek expects digital assets to rally in the fourth quarter, fueled by a potential interest rate cut from the US Federal Reserve.
In an interview with Bloomberg on Tuesday, Marszalek said the company’s revenue outlook for 2025 is improving, “especially if we see a Fed rate cut and a strong Q4 following.”
He noted that he is betting on the Fed lowering rates at its Sept. 17 meeting, a move that typically benefits crypto by making borrowing cheaper and boosting liquidity for riskier assets.
The Fed last reduced rates between September and December of last year, cutting from 5.5% to 4.5%. During that period, crypto markets surged 57%.
Meanwhile, CME futures markets put the odds of a rate cut at 91.7%, following Fed Chair Jerome Powell’s Jackson Hole speech on Aug. 22, where he signaled a shift toward easier monetary policy.
No IPO Decision Yet
Marszalek said that while Crypto.com “has the numbers” to pursue a public listing, the company values remaining private and has not made a decision.
“It’s quite tempting to consider these options,” he admitted, referring to a potential IPO. Several crypto firms have already raised billions this year through public offerings.
He revealed that Crypto.com generated $1.5 billion in revenue last year, with around $1 billion in gross profit—of which $700 million was reinvested—adding that he expects stronger results this year.
“We have been approached by all the top names in terms of investment banks. We want to be a very well-run company, so we’re preparing everything, but no decisions have been made at this point.”
Expanding Into Prediction Markets
Marszalek also disclosed plans for Crypto.com to move into the prediction market sector. “We believe prediction markets are going to be massive,” he said, noting that while sports will play a role, “it’s not the whole picture.”
“We want to be the liquidity center for prediction markets on-shore in the US, so we’ll play very aggressively in that space.”
Blockchain prediction markets are currently led by Polymarket and Kalshi, though both have faced regulatory and legal challenges in offering event-based contracts in the US.
CRO Jumps on Trump Media Deal
On Aug. 26, Crypto.com announced a partnership with Trump Media & Technology Group, the parent company of former US President Donald Trump’s Truth Social platform.
As part of the deal, the companies will develop a treasury strategy centered on Crypto.com’s native token, Cronos (CRO).
Following the news, CRO surged nearly 150% to $0.38 before pulling back to $0.27—still down 72% from its all-time high in November 2021.
