Crypto.com Launches 24/7 Tokenized US Stock Trading for Retail Investors

Crypto.com is blurring the line between traditional Wall Street and digital assets with the rollout of Tokenized Stocks, a new feature that lets users gain round-the-clock exposure to major U.S. equities and exchange-traded funds (ETFs) directly through its mobile app.

The Tokenized Stocks are available to eligible users in the European Economic Area (EEA) and other approved jurisdictions worldwide. 

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The initial offering references companies such as Nvidia (NVDA), Tesla (TSLA), and Apple (AAPL), alongside ETFs including SPDR Gold Shares (GLD) and iShares Silver Trust (SLV). Crypto.com says users can access the product directly through its existing app infrastructure.

The tokenized products are derivative financial instruments designed to track the price performance of their underlying assets. They do not provide legal or beneficial ownership of the underlying securities, nor any associated shareholder or voting rights.

Crypto.com says the underlying assets supporting the product are held in custody with Alpaca, a U.S.-regulated self-clearing broker-dealer that supports more than 90% of the tokenized U.S. stocks and ETF market.