Crypto.com has launched Tokenized Stocks, a new product enabling users to gain exposure to U.S. equities and exchange-traded funds through its mobile application. The offering, available to eligible users in the EEA and other approved jurisdictions, provides access to 1,500 underlying stocks and funds with minimum investments starting at US$1. The launch marks the cryptocurrency exchange’s expansion into traditional equity markets via blockchain-based derivative instruments.
- Initial Asset Coverage: 1,500 stocks and ETFs including NVDA, TSLA, AAPL, GLD, and SLV
- Minimum Investment: US$1
- Trading Hours: 24/7 access outside traditional market hours
- Custody Provider: Alpaca, a U.S. regulated self-clearing broker-dealer
- Introductory Offer: Zero-commission trading for eligible users during a limited promotional period
Tokenized Stocks function as derivative financial instruments tracking the price performance of underlying assets without conferring legal ownership or shareholder rights. Crypto.com stated that users may be eligible for dividend-equivalent adjustments under applicable terms. The underlying assets supporting these instruments are held in custody with Alpaca, which manages infrastructure supporting over 90% of the tokenized U.S. stocks and ETF market.
In the EEA, Tokenized Stocks are issued by Foris Capital CY Limited and regulated by the Cyprus Securities and Exchange Commission (CySEC) under Cypriot Investment Firm license number 344/17. The company has passported these services across EEA jurisdictions. The product incorporates fast settlement and fractional investing capabilities while leveraging Crypto.com‘s liquidity infrastructure for trade execution.
Crypto.com operates a multi-asset trading platform offering cryptocurrency and derivatives products to users globally. Investments in Tokenized Stocks involve market, liquidity, and counterparty risks, with potential for capital loss. The company noted that past performance does not guarantee future results, and users bear sole responsibility for investment decisions made through their accounts.
