Crypto.com Tokenized Stocks Revolutionize US Market Access
Crypto.com has launched Tokenized Stocks, allowing users to trade exposure to US equities and ETFs directly from its app. This move puts Crypto.com at the forefront of an industry push to combine blockchain speed with traditional equity markets.
The new feature supports 24/7 trading, covering major market assets like NVDA, TSLA, AAPL, and ETFs such as GLD and SLV. The product's underlying assets are held in custody by Alpaca, a US-regulated self-clearing broker-dealer.
Crypto.com is waiving commissions on trades through the Tokenized Stocks product for a limited introductory period, making it even more accessible to users. This move aims to pull users away from established trading platforms during the launch window.