Crypto.com Adds Tokenized Stock Derivatives as Exchanges Move Further Into Equities

Crypto.com has launched tokenized derivatives tied to 1,500 U.S. stocks and ETFs for eligible users in Europe and other approved markets. The products offer price exposure, not ownership of the underlying shares or shareholder rights.

Crypto.com Adds Tokenized Stock Derivatives as Exchanges Move Further Into Equities

What happened?

Crypto.com has launched tokenized derivatives tied to 1,500 U.S. stocks and ETFs for eligible users in Europe and other approved markets. The products offer price exposure, not ownership of the underlying shares or shareholder rights.

Why it matters

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.

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.

Source: CoinDesk

Keep exploring

Related stories

Galaxy Says at Least 15 Attackers Exploited Coldcard Vulnerability

Galaxy Says at Least 15 Attackers Exploited Coldcard Vulnerability

Galaxy said at least 15 different attackers exploited a Coldcard vulnerability. Dragonfly’s managing partner said the issue may have been avoidable with roughly $2 worth of AI hardening.

Read
Bitcoin’s $63,000 Area Becomes a Key Test for Buyers, Glassnode Data Shows

Bitcoin’s $63,000 Area Becomes a Key Test for Buyers, Glassnode Data Shows

Glassnode data cited by CoinDesk shows a large cluster of bitcoin supply concentrated near $63,000, making the level an important market battleground. Retail investors and large whales are both accumulating while bitcoin trades close to its 200-week moving average.

Read
Wells Fargo Plans Tokenized Deposits for Corporate Payments

Wells Fargo Plans Tokenized Deposits for Corporate Payments

Wells Fargo plans to launch tokenized deposits for select corporate and commercial clients later this year, beginning with U.S. dollar-to-British pound transactions. The move puts the bank alongside JPMorgan and Citi in the push to modernize institutional payment and settlement rails with blockchain-based bank money.

Read