Crypto.com Expands Into Stocks With Tokenized Derivatives

TLDR

• Crypto.com launched tokenized derivatives tracking 1,500 U.S. stocks and ETFs for eligible users in approved markets.
• The products include exposure to Apple, Nvidia, Tesla, SPDR Gold Shares and iShares Silver Trust.
• Users can open positions from $1 and trade the products around the clock.
• The derivatives provide synthetic exposure, meaning users do not own the underlying shares or receive voting rights.
• Foris Capital CY Limited issues the products, while Alpaca holds the underlying supporting assets.

Crypto.com is expanding beyond crypto trading with tokenized derivatives linked to 1,500 U.S. stocks and exchange-traded funds. The products give eligible users in Europe and other approved markets round-the-clock exposure to equities without owning the underlying shares.

The offering includes names such as Apple, Nvidia and Tesla, along with ETFs including SPDR Gold Shares and iShares Silver Trust. Users can open positions from $1, giving the platform a route into traditional markets.

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