Cratos

What Cratos does

Cratos is a licensed cryptocurrency exchange platform operated by FUJI EXCHANGE LIMITED, a Canadian private corporation headquartered in Hamilton, Ontario. The platform enables fiat-to-crypto, crypto-to-fiat, and crypto-to-crypto exchange for over 36 cryptocurrencies, with deposits and withdrawals supported via SEPA, SWIFT, debit/credit card, and direct cryptocurrency transfers. Cratos offers two primary account tiers: an Individual Account with a personal crypto wallet, multi-level KYC verification (Level 1-3 with increasing transaction limits), and 2FA security; and a Corporate Account with unlimited transaction limits, multi-user access roles, activity logs, and compliance features aimed at business clients with international payment needs.

The platform's technical architecture relies on a web-based self-serve application (app.cratos.net) with security infrastructure powered by BitGo for custody, Sum&Substance for KYC/AML identity verification, and Bitfury Crystal for blockchain analytics. Liquidity is sourced through partnerships with established exchanges including Kraken, Bitstamp, and EXMO. Cratos holds a Money Services Business license from FINTRAC (License Ref. M20252473) and is PCI-DSS compliant, enabling card-based deposits. The platform is accessible globally with the exception of a long list of restricted jurisdictions.

Cratos generates revenue through a transaction-fee model: 1.5% exchange fees for individuals and 1% for corporate clients, payment processing fees on SEPA/SWIFT (1-1.5%, minimum €35-65) and card deposits (3% EEA, 5% non-EEA), a 0.25% fee on outgoing crypto to external wallets, and a €50/month corporate account maintenance fee. A referral program pays corporate partners 0.5% monthly commission on referred transaction volume. The go-to-market motion is primarily self-serve for individual users via the website, supplemented by a dedicated sales team for corporate accounts and a partner referral network.

Name

Cratos

Legal name

FUJI EXCHANGE LIMITED

Website

https://cratos.net

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

1–10 employees

Short description

Cratos is a FINTRAC-licensed cryptocurrency exchange platform operated by FUJI EXCHANGE LIMITED in Canada, offering fiat-to-crypto and crypto-to-crypto trading for 36+ cryptocurrencies to both individual retail users and corporate clients across global markets.

Ownership category

akta.pro rank

Product category

Cryptocurrency Exchange

NAICS

Securities and Commodity Exchanges (52321)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Spot Crypto Exchanges (Order-Book & Matching Engine) (FSADAAAA)

akta.pro secondary industries

Crypto Custody & Exchange Wallet Services (Integrated) (FSADAAAG), Crypto Merchant Acquirers & PSPs (Payment Service Providers) (FSADAIAB)

Keywords

• Cryptocurrency exchange
• Crypto trading platform
• Digital wallet services
• Fiat-to-crypto exchange
• Crypto payment processing

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Infrastructure, Operations, Personnel, Marketing or Sales, Others

Revenue model

1. Exchange Transaction Fees: Percentage-based fees on all exchange transactions: 1.5% for individual clients and 1% for corporate clients on standard exchange operations
2. Payment Processing Fees: Fees on SEPA and SWIFT transfers: 1.5% minimum €35 for individual, 1% minimum €35-65 for corporate. Bank card deposits 3% EEA / 5% non-EEA
3. Crypto Transaction Fees: 0.25% fee on outgoing crypto to external wallets, free for internal transfers. Incoming crypto deposits are free
4. Account Maintenance Fees: Corporate accounts charged €50 monthly maintenance fee. Individual accounts are free. Referral program pays 0.5% to partners
5. Referral Program Commission: Corporate partners earn 0.5% monthly remuneration on referred client transaction volume

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Cratos operates a licensed cryptocurrency exchange platform that enables individuals and businesses to buy, sell, and convert between 36+ cryptocurrencies and major fiat currencies (EUR, USD, GBP). The service supports deposits and withdrawals via SEPA, International Wire Transfer (SWIFT), debit/credit card, and cryptocurrency, and includes a hosted multi-currency wallet with 2FA, cold-storage custody, and activity logs. It is delivered as a self-serve web application, supplemented by a dedicated corporate account tier and a partner referral program.

Product overview

Cratos operates as a licensed crypto exchange service offering three integrated products: an Individual Account for personal cryptocurrency wallet and trading, a Corporate Account for business clients with unlimited limits and enhanced features, and a Referral Program enabling partners to earn 0.5% monthly commissions on transaction volume. The platform supports 36+ cryptocurrencies and enables fiat-to-crypto, crypto-to-fiat, and crypto-to-crypto exchanges via SEPA, SWIFT, bank cards, and cryptocurrency transfers.

Differentiator

Problem solved

Functional benefit

Products and services

• Individual Account
• Corporate Account
• Referral Program

Segments2 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• KrakencoreTechnology or IntegrationKraken is listed as a partner exchange on Cratos platform, enabling liquidity and trading capabilities for the crypto exchange service.
• BitstampcoreTechnology or IntegrationBitstamp partnership provides access to one of the longest-running cryptocurrency exchanges for trading and liquidity.
• EXMOcoreTechnology or IntegrationEXMO is listed as a partner exchange providing additional trading infrastructure and cryptocurrency access.
• BitGocoreTechnology or IntegrationBitGo provides secure wallet infrastructure and custody solutions for the Cratos platform. Multiple references to BitGo throughout the website indicate a primary security infrastructure partnership.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Coinbase: Coinbase is a US-headquartered, publicly listed centralized cryptocurrency exchange offering spot trading, wallets, and fiat on-ramps (cards, wires, ACH) to both retail and institutional clients — the most directly comparable regulated retail/corporate crypto exchange to Cratos.
• Kraken: Kraken is one of Cratos's named liquidity partner exchanges and a long-running, regulated centralized crypto exchange with spot trading, staking, and fiat funding — directly comparable in product scope and target customer base.
• Bitstamp: Bitstamp is another named liquidity partner of Cratos and a regulated European centralized crypto exchange serving both retail and institutional clients with fiat on-ramps — a close peer in regulatory positioning and product mix.
• EXMO: EXMO is listed as a Cratos partner exchange and operates a similar mid-sized, multi-fiat centralized crypto exchange targeting European and CIS retail traders — directly comparable in scale, geography, and product offering.
• Crypto.com: Crypto.com operates a regulated centralized crypto exchange combined with a crypto debit card program and mobile app, serving both retail and corporate clients — highly comparable to Cratos's combined wallet + card deposit + exchange offering.

Broad incumbents

• Binance: Binance is the world's largest centralized crypto exchange by volume, offering spot trading, derivatives, cards, and a wide product portfolio. It is a broad incumbent competitor that overshadows smaller venues like Cratos on liquidity, brand, and product breadth.
• OKX: OKX is a top-five global centralized crypto exchange with spot, derivatives, and Web3 wallet services targeting retail and institutional traders — a broad incumbent competing for the same customer base as Cratos, but at much greater scale.

Emerging players

• Wirex: Wirex is a regulated crypto payments platform that combines a multi-currency wallet, crypto debit card, and in-app exchange targeted at European retail and SME users — overlapping with Cratos's fiat-crypto exchange and card deposit features.
• Paybis: Paybis is a regulated crypto exchange and on-ramp provider offering fiat-to-crypto purchases via cards, SEPA, and SWIFT to a global retail audience — closely comparable to Cratos's individual fiat-to-crypto service and multi-rail payment stack.

Others

• BitGo: BitGo is Cratos's named custody infrastructure partner and one of the largest institutional crypto custodians/exchange wallet providers. While not a direct competitor, BitGo shapes Cratos's product offering and competitive context in crypto custody and exchange wallet services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Cratos.net
• LinkedInlinkedin.com/company/cratos-exchange

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cratos