Crane NXT, Co. (NYSE:CXT) is a technology company that provides solutions for payment processing, currency authentication and brand protection. Its products are used to help businesses securely accept, validate and manage cash and electronic payments, while also protecting currency, products and other valuable assets from counterfeiting and fraud.
Through its Crane Payment Innovations business, the company develops payment and merchandising technologies for markets such as automated retail, gaming, transportation, financial services and other commercial applications. Its offerings include banknote and coin validators, payment systems, cash-management technologies and related software and services.
Crane NXT also supplies banknote paper, security features and authentication technologies through its currency-related operations. These solutions are used by central banks, governments, financial institutions and brand owners in markets around the world. The company was formed in 2023 when Crane Holdings, Co. separated from Crane Co., creating an independent public company focused on payment, currency and authentication technologies.
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