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What is Cronos (CRO)?

Crypto Terms Glossary: What is Cronos (CRO)?

Cronos (CRO) is the foundational coin that drives Crypto.com's ecosystem of payment, trading, and financial services. The CRO coin is utilized for on-chain transaction settlement, and to ensure the consensus and security of the platform. CRO is also designed to be used as an incentivization mechanism by providing rewards for users who engage with various services within the Crypto.com ecosystem.

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On May 28, 2025, at the Bitcoin 2025 conference in Las Vegas, Pakistan announced the creation of a strategic bitcoin reserve, a major step in the development of a national cryptocurrency..
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