Crypto.com Unveils Tokenized Stocks with Extended Trading Hours

Crypto.com has introduced tokenized stocks, allowing users to access roughly 1,500 U.S. stocks and ETFs on its platform.

The tokens are derivative contracts issued by Foris Capital MU Limited, an investment dealer licensed in Mauritius, and are designed to track the corresponding U.S. security on a one-to-one basis.

Each token is backed 1:1 by the underlying stock, but investors receive economic exposure rather than direct ownership of those shares.

The legal structure of these tokens is important, as two products with the same ticker can give their holders very different rights.