Crypto.com adds 1,500 U.S. stocks and ETFs through tokenized derivatives

Crypto.com has launched tokenized stock derivatives tied to 1,500 U.S. equities and ETFs, giving eligible users access to the products from $1 with trading available around the clock. Summary Crypto.com has launched tokenized derivatives tracking 1,500 U.S. stocks and ETFs for eligible users in the EEA and other approved markets. Users can start with $1 and trade the products around the clock, including instruments tied to Apple, Nvidia, Tesla, GLD and SLV. The products provide synthetic price exposure without ownership or shareholder rights, although eligible users may receive dividend equivalent adjustments. The underlying assets supporting the products are held with U.S. regulated broker dealer Alpaca. According to Crypto.com’s official announcement on Wednesday, the Tokenized Stocks offering is available through its app to eligible users in the European Economic Area and other approved jurisdictions, with products tracking companies including Nvidia, Tesla and Apple. The initial selection also covers exchange-traded funds such as SPDR Gold Shares and iShares Silver Trust, which provide exposure to gold and silver, respectively. Crypto.com said the products support fractional po...