Crypto Exchanges Tokenize Equities Amid Surging Demand
Crypto.com has introduced tokenized stock derivatives, joining a growing list of exchanges and blockchain firms pushing into equities. The move comes as the value of tokenized stocks reaches approximately $2.49 billion, up roughly 600% over the past year.
This growth is expected to continue, with Citi estimating that tokenized securities could reach a market size of $5.5 trillion by 2030, including $2.6 trillion in tokenized equities.
Crypto.com is not alone in this push; other platforms such as Kraken, Bybit, Bitget, and Robinhood have rolled out tokenized equity products for investors outside the U.S., while institutions like Nasdaq and the New York Stock Exchange are exploring tokenization initiatives.