Cronos Trading App Rebrands to 'Ult'

Cronos Labs, the developer behind Layer 1 blockchain Cronos (CRO), has announced the rebranding of its existing Cronos app into a unified trading app called Ult. Ult was rebuilt from Crypto.com's self-custody app Onchain Wallet, supporting sports prediction markets, crypto perpetual futures, U.S. stocks and commodities, and select Cronos network tokens. The company plans to expand these offerings over the coming weeks, with available products varying by country. Crypto.com CEO Kris Marszalek stated that all revenue generated through Ult will be used for CRO buybacks.