Continuing a trend to add “real-world asset” trading amongst its rivals such as Kraken’s xStocks, crypto platform operator Crypto.com has announced that it has launched Tokenized Stocks – a new way for users to gain exposure to U.S. equities and ETFs directly through the Crypto.com App. Initially offering exposure to 1,500 underlying stocks and funds, access is available from as little as US$1.
Eligible users in the EEA,
The product is available to eligible users in the EEA, as well as other approved jurisdictions globally, and offers trading outside traditional market hours with 24/7 access to Tokenized Stocks referencing underlying assets like NVDA, TSLA, and AAPL, as well as ETFs providing exposure to commodities such as GLD and SLV. In addition to round the clock trading, Tokenized Stocks also provides fractional access and fast settlement.
In the EEA, the Tokenized Stocks are provided by Crypto.com’s Cyprus based, CySEC licensed unit Foris Capital CY Limited (formerly known as A.N. Allnew Investments Limited).
Utilizing Crypto.com’s industry-leading deep liquidity and efficient trade execution capabilities, Tokenized Stocks combines the seamless access and speed of the Crypto.com App with exposure to traditional equities investing in a tokenized format for an optimized trading experience.
Tokenized stocks
Tokenized stocks are derivative financial instruments designed to track the price performance of corresponding underlying assets. While they do not confer legal or beneficial ownership of those assets or any associated shareholder rights, users may be eligible for dividend equivalent adjustments. The underlying assets supporting the Tokenized Stocks are held in custody with Alpaca, a U.S. regulated self-clearing broker-dealer that provides the infrastructure supporting more than 90% of the tokenized U.S. stocks and ETF market.
Kris Marszalek, Co-Founder and CEO of 
