Crypto.com Unveils Tokenized Derivatives for 1500 US Stocks
Crypto.com has expanded its services by launching tokenized derivatives tied to the prices of about 1,500 US stocks and exchange-traded funds.
The new service allows users with a minimum investment of $1 to gain synthetic exposure to stock and ETF prices. It offers 24-hour trading for eligible users in the European Economic Area and other permitted markets.
The tokenized derivatives are issued by Crypto.com affiliate Foris Capital, which received a Markets in Financial Instruments Directive (MiFID) license after its acquisition by Crypto.com in May.