Crypto.com Adds Tokenized Derivatives for 1500 U.S. Stocks and ETFs
Crypto.com has expanded its product offerings to include tokenized stock derivatives tied to 1,500 U.S. equities and ETFs.
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.
Kris Marszalek, co-founder and CEO of Crypto.com, described the product as 'another part of the company's multi-asset strategy,' saying users would receive 'instant access to U.S. equity and ETF exposure.'