Crypto.com Launches the Future of Trading With Tokenized Stocks
Stocks
Crypto.com has officially launched Tokenized Stocks, enabling users to gain exposure to 1,500 U.S. equities and ETFs directly through its mobile application. This new product allows for fractional investments starting at just US$1, providing 24/7 trading capabilities that bypass traditional market hours. The tokens function as derivative financial instruments that track the price performance of underlying assets like NVDA, TSLA, and AAPL, as well as commodity ETFs such as GLD and SLV. While these tokens do not grant legal ownership or shareholder rights, they offer dividend equivalent adjustments to eligible holders. The underlying assets are held in custody by Alpaca, a U.S. regulated broker-dealer that currently supports over 90% of the tokenized U.S. stock market. This launch represents a significant step in bridging traditional equity markets with blockchain-based infrastructure to enhance liquidity and accessibility. By offering instant access and fast settlement, Crypto.com aims to modernize the investment experience for users across the EEA and other approved global jurisdictions.
Key points
- ▸Crypto.com launched tokenized exposure to 1,500 U.S. stocks and ETFs.
- ▸Investments are available with a minimum entry threshold of US$1.
- ▸Alpaca acts as the custodian for underlying assets supporting the tokens.
- ▸Trading is available 24/7, offering fractional access and dividend equivalent adjustments.
Background
Crypto.com is a major global cryptocurrency exchange and financial services platform that provides a multi-asset ecosystem for trading, payments, and decentralized finance. Alpaca is a U.S.-regulated, self-clearing broker-dealer that provides API-based infrastructure for financial institutions to offer stock and ETF trading services. Together, they facilitate the creation of derivative tokens that mirror the price action of traditional securities without requiring direct ownership of the underlying shares.
Relevance
7.5/10