CoinDesk·4 min read·hard

Crypto.com rolls out tokenized stock derivatives as crypto exchanges push into equities

K
Krisztian Sandor
Crypto.com rolls out tokenized stock derivatives as crypto exchanges push into equities
AI Summary

Crypto.com has launched tokenized stock derivatives, allowing European users to gain synthetic exposure to major equities like Apple and Tesla using cryptocurrency. These products track underlying asset prices without granting actual shareholder rights, marking a significant expansion of crypto exchanges into traditional financial markets.

The exchange said Wednesday that eligible users in the European Economic Area and other approved markets can gain exposure to stocks including Apple (AAPL), Nvidia (NVDA) and Tesla (TSLA) as well as ETFs such as SPDR Gold Shares (GLD) and iShares Silver Trust (SLV). Positions start at $1 and can trade around the clock.

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