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Crypto.com Lists 1,500 Tokenized Stocks, Zero Ownership
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Crypto.com began offering derivatives that track 1,500 U.S. stocks and ETFs, with positions starting at $1.
Crypto.com started selling derivatives that track 1,500 U.S. stocks and exchange-traded funds on Wednesday, and the disclosure attached to the launch tells buyers they get no legal or beneficial ownership of any of them.
The company’s own guide points at a different structureCrypto.com’s beginner guide to tokenized stocks splits this market in two.
Citi has estimated the tokenized securities market could reach $5.5 trillion by 2030, including $2.6 trillion in equities.
Kraken, Bybit, Bitget and Robinhood have each rolled out tokenized equity products outside the U.S., and Kraken went further by letting traders post tokenized stocks as collateral.