Cronos Labs, developer of the Cronos (CRO) layer-one blockchain, said it will rebrand the existing Cronos app as Ult, an integrated trading app rebuilt from Crypto.com’s self-custody Onchain Wallet. Ult will support sports prediction markets, crypto perpetual futures, U.S. stocks, commodities and trading in some Cronos network tokens. Cronos previously said the app would launch on iOS and Android on the 17th, with prediction markets across 10 sports categories, tokenized stocks and about 40 leveraged markets available around the clock in more than 100 countries. The company plans to expand prediction markets, perpetual futures, tokenized stocks and cryptocurrency trading over the next few weeks, although available products will vary by country. Cronos also plans to use revenue from Ult and its token-issuance platform to buy CRO on the open market and burn the tokens, subject to the governance process outlined in an earlier proposal.