Crypto.com Expands Tokenized Derivatives for 1,500 US Stocks and ETFs
Crypto.com has expanded its services to offer tokenized derivatives for over 1,500 US stocks and ETFs. The products are available to eligible users in the European Economic Area and other approved markets, with prices starting at $1.
The tokenized stocks do not grant buyers ownership rights or voting privileges, but instead aim to mirror the price movement of each referenced asset. This structure is provided by Foris Capital CY Limited, which issues the products, while Alpaca holds the underlying assets supporting them.
Crypto.com's co-founder and CEO, Kris Marszalek, noted that the company aims to expand its multi-asset ecosystem through flexible access to US equities and ETFs. The launch extends Crypto.com beyond its core digital-asset services.