Cronos (CRO) serves as the native cryptocurrency token of Cronos Chain, an open-source blockchain developed by Crypto.com, a prominent player in payment, trading, and financial services within the cryptocurrency space. Cronos Chain is among Crypto.com's suite of solutions aimed at advancing the widespread adoption of cryptocurrencies. It aims to empower individuals by providing greater control over their finances, enhancing data security, and safeguarding user identities. Notably, the CRO blockchain primarily fuels the Crypto.com Pay mobile payments application. In the future, Crypto.com intends to extend the utility of the CRO platform to support its other products and services. CRO was launched in November-December 2018.