Crypto.com rolls out tokenized stock derivatives as crypto exchanges push into equities
The exchange is joining a tokenized stock market that has grown 600% in a year, though its products offer price exposure rather than share ownership.
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Summary
- Crypto.com starts offering tokenized derivatives tracking 1,500 U.S. stocks and ETFs, including Apple, Tesla and Nvidia.
- The products provide synthetic exposure to share prices: investors don’t own the underlying stock or receive voting and other shareholder rights.
- The launch adds to a rush by crypto exchanges into equities and a growing debate over what a tokenized stock should actually represent.
