In the first half of 2017, Monaco launched its own token, MCO, which was funded via an ICO. The ICO took place from May 18 to June 18, and Monaco managed to raise approximately USD 26,7 million worth of crypto by selling 12,135,542 MCO tokens (out of 31,587,682 in total supply). In July 2018, Monaco announced its rebranding to Crypto.com and began shipping its Crypto.com Visa Card a few months later. At the same time, the company announced the launch of the Crypto.com Chain with its native CRO token. In late 2019, Crypto.com launched its own crypto-to-crypto exchange, aiming to win a bigger market share amongst crypto traders. The company also introduced its Crypto.com Pay, Crypto Earn, and Crypto Credit, among other services, and Crypto.com Visa cards started shipping to the United States. In 2020, the company launched its non-custodial DeFi Wallet and DeFi Swap services, and started delivering Crypto.com Visa cards to its European customers. The company also decided to phase out the MCO token completely by swapping it to CRO, meaning that from now on, Crypto.com Visa card users have to stake CRO tokens to earn rewards.