In 1844 Crane developed a method to embed parallel silk threads in banknote paper to denominate notes and deter counterfeiting.

[3] Crane produced both the yellow (issued in 1883–1884) and the white (1884–1894) watermarked security papers for the nation's Postal Notes.

In 2016, Crane announced plans to build a new banknote printing facility and customer experience center in the country of Malta.

Commencing operations in spring of 2018, the "state-of-the-art" $100 million facility was announced on Wednesday, September 21, 2016 by then Maltese Prime Minister Joseph Muscat.

By the 2010s, the company had been making stationery items in North Adams, Massachusetts for some time, while the currency business was centered in Dalton.

[8] In 2020, Mohawk announced its intention to close the North Adams factory, citing market disruptions due to the COVID-19 pandemic.

[9] In March of 2024 Crane was sold to WP Strategic Holdings, a private investment and consulting firm based in Albany, NY.

Crane Currency's MOTION[11] security technology is used to protect high value banknotes from counterfeiting worldwide.

This purchase gave Crane exclusive control of the MOTION micro-optic security technology that is used for the protection of banknotes.

The smaller lenses used in RAPID micro-optic thread enable even faster movement and high color contrast.