Crypto.com Launches Tokenized US Stocks in Europe with Round-the-Clock Trading

Crypto.com has launched tokenized US stocks in Europe, allowing for round-the-clock trading. The move follows a trend of fintech companies expanding their offerings to include traditional financial assets.

The launch is part of Crypto.com's broader effort to increase its presence in the European market. The company has been actively working on obtaining licenses and approvals from regulatory bodies across the continent, including the Malta Financial Services Authority (MFSA).

The MFSA CEO Kenneth Farrugia was quoted as saying that the authority has been monitoring the developments in the crypto industry closely and is committed to ensuring that companies operating in Malta comply with all applicable regulations.