Crypto.com launches 1,500 tokenized stocks with 24/7 trading, fractional $1 entry, and zero-commission period. Users get no ownership rights. Custody with Alpaca.
Crypto.com now offers 24/7 trading in tokenized versions of 1,500 U.S. stocks and ETFs, including Nvidia, Tesla, Apple, and ETFs such as SPDR Gold Shares and iShares Silver Trust, to retail users in the European Economic Area and other approved jurisdictions, the company said Monday. The Tokenized Stocks product is accessible through the existing Crypto.com app with fractional entry starting at $1.
Each contract is a derivative that tracks the price of the underlying security. It does not transfer legal or beneficial ownership of the shares, nor does it carry shareholder or voting rights, according to the company's disclosure. Crypto.com is offering zero-commission trading for a limited introductory period, though foreign-exchange charges and spreads still apply.
The underlying assets supporting the product are held in custody at Alpaca, a U.S.-regulated self-clearing broker-dealer that supports more than 90% of the tokenized U.S. stock and ETF market, Crypto.com said.
Crypto.com co-founder and CEO Kris Marszalek said the launch reflects the company's push into multi-asset trading, framing blockchain speed as a way to modernize equity market access. "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," he said in a statement.
The rollout adds a traditional equity desk inside a crypto-native app, increasing competition between exchanges and tokenization platforms. Bybit has listed its own tokenized Meta and Tesla products, and the broader category of tokenized equities has reached $1.48 billion. Robinhood Chain has also moved into the space, with tokenized QQQ driving 288% of July volume, according to data from the platform.
For a buyer, the structural exposure is the gap between the ticker and the token. The user holds a derivative contract from the issuer, not a share on the company's register. Settlement runs through the issuer and the custodian, not through the equity itself. The product is not available to U.S. users due to regulatory restrictions, Crypto.com said.
Two of the underlying names, Nvidia and Tesla, carry AlphaScala scores of 74 and 27 respectively. Nvidia shares rose 2.57% to $223.10, while Tesla fell 1.59% to $327.50. NVDA stock page TSLA stock page
Crypto.com said the product is available in the EEA and other approved jurisdictions, without specifying which ones. The company did not disclose the total value of assets under custody for the tokenized stocks.
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