Crypto.com Rolls Out Tokenized Stocks, Offering Round-the-Clock Access to US Equities | LeapRate
Crypto.com said Wednesday that it has launched Tokenized Stocks, a new feature that lets users gain exposure to US stocks and exchange-traded funds directly through the Crypto.com App.
The launch initially covers 1,500 underlying stocks and funds, with access starting from as little as $1.
The product is available to eligible users across the European Economic Area and other approved regions worldwide.
Unlike traditional stock markets, which operate on fixed schedules, Tokenized Stocks can be traded 24/7, giving users the ability to act on price movements at any time. The offering includes exposure to well-known companies such as Nvidia, Tesla, and Apple, as well as commodity-linked funds like GLD and SLV.
According to Crypto.com, the products are built for fast settlement and allow fractional investing, meaning users do not need to buy a whole share to participate.
The underlying assets are held in custody by Alpaca, a US-regulated broker-dealer that reportedly supports the majority of the tokenized stock and ETF market.
It is worth noting that these tokenized instruments do not give users ownership of the actual shares or shareholder rights such as voting. However, users may qualify for dividend-equivalent payments under certain conditions.
Kris Marszalek, Co-Founder and CEO of Crypto.com, said the launch reflects the company’s push toward a more flexible, always-on trading experience, adding that markets “shouldn’t have to sleep.”
For a limited time, Crypto.com said it is offering zero-commission trading on these products, though other fees may still apply. In the EEA, the service is regulated by the Cyprus Securities and Exchange Commission.
