Crypto.com has launched Tokenized Stocks - a new way for users to gain exposure to U.S. equities and ETFs directly through the Crypto.com App. Initially offering exposure to 1,500 underlying stocks and funds, access is available from as little as US$1.

The product is available to eligible users in the EEA, as well as other approved jurisdictions globally, and offers trading outside traditional market hours with 24/7 access to Tokenized Stocks referencing underlying assets like NVDA, TSLA, and AAPL as well as ETFs providing exposure to commodities such as GLD and SLV. In addition to round the clock trading, Tokenized Stocks also provides fractional access and fast settlement.

Utilizing Crypto.com's industry-leading deep liquidity and efficient trade execution capabilities, Tokenized Stocks combines the seamless access and speed of the Crypto.com App with exposure to traditional equities investing in a tokenized format for an optimized trading experience.

Tokenized stocks are derivative financial instruments designed to track the price performance of corresponding underlying assets. While they do not confer legal or beneficial ownership of those assets or any associated shareholder rights, users may be eligible for dividend equivalent adjustments. The underlying assets supporting the Tokenized Stocks are held in custody with Alpaca, a U.S. regulated self-clearing broker-dealer that provides the infrastructure supporting more than 90% of the tokenized U.S. stocks and ETF market.

"We're advancing our multi-asset ecosystem by giving our users a flexible way to invest with instant access to U.S. equity and ETF exposure. Money never sleeps. Market access shouldn't either," said Kris Marszalek, Co-Founder and CEO of Crypto.com. "By modernizing one of the world's oldest asset classes with the speed of blockchain, Tokenized Stocks offers a simple, 24/7 solution to a historically complex trading experience."