Crypto.com is expanding its stock-market offering with tokenized derivatives that track 1,500 U.S. equities and exchange-traded funds. The exchange said eligible users in the European Economic Area and other approved markets can access products linked to names such as Apple, Nvidia and Tesla, as well as ETFs including SPDR Gold Shares and iShares Silver Trust.
The launch matters because it brings another major crypto exchange into the fast-growing overlap between digital-asset trading and traditional equities. For users, the products are designed to make stock and ETF price exposure available inside a crypto-style trading environment, with positions starting at $1 and around-the-clock trading.
The products do not represent direct share ownership. They are derivatives issued by Foris Capital CY Limited and are intended to mirror the price movements of the referenced stocks or ETFs. Holders do not receive legal or beneficial ownership of the underlying securities, nor voting or other shareholder rights, though Crypto.com says dividend-equivalent adjustments may apply.
Crypto.com’s move follows its May 2025 acquisition of Foris Capital, which gave the company a Markets in Financial Instruments Directive license for regulated financial products in Europe. The underlying assets supporting the products are held with U.S. broker-dealer Alpaca, according to the source report.
The broader tokenized-stock market has grown rapidly, reaching about $2.49 billion in value after rising roughly 600% over the past year. Kraken, Bybit, Bitget and Robinhood have also introduced tokenized equity products for investors outside the U.S., while market infrastructure groups including DTCC, Nasdaq and the New York Stock Exchange are exploring tokenization initiatives.
The expansion is also sharpening a key debate: whether tokenized stocks should simply track share prices or represent actual common shares with ownership and shareholder rights. As tokenized securities move closer to mainstream finance, that distinction is drawing more attention from regulators and market infrastructure providers.