Crypto.com introduces tokenized derivatives for 1,500 US equities and ETFs
The digital asset exchange is offering synthetic exposure to major United States stocks and exchange-traded funds, highlighting a broader industry push to bring traditional securities onchain amid rapid market growth.
Crypto.com has introduced tokenized derivatives tracking 1,500 United States equities and exchange-traded funds. The new products include exposure to major companies like Apple, Nvidia, and Tesla alongside funds tracking gold and silver. These instruments are currently available to eligible users across the European Economic Area and other approved markets.
Unlike direct stock purchases, these instruments offer synthetic price exposure rather than actual share ownership. The derivatives are issued by Foris Capital CY Limited, meaning investors do not receive voting rights or other traditional shareholder privileges.
Positions can be opened with as little as one dollar and trade around the clock. While buyers lack legal ownership, they may receive dividend-equivalent adjustments. The underlying assets supporting the products are held by United States broker-dealer Alpaca.
This expansion follows the exchange’s acquisition of Foris Capital in May 2025. That deal secured a Markets in Financial Instruments Directive license, enabling the world’s 11th largest exchange to offer regulated financial products throughout Europe.
The rollout reflects a broader convergence between digital assets and traditional finance. Tokenized stocks have surged roughly 600 percent over the past year, reaching an estimated valuation of $2.49 billion as digital asset platforms rush to list traditional securities on distributed ledgers.
Institutional projections suggest this intersection will expand significantly in the coming decade. Citi estimates the broader tokenized securities market could reach $5.5 trillion by 2030, with tokenized equities alone accounting for $2.6 trillion of that total.
Crypto.com is not alone in targeting this sector. Platforms including Kraken, Bybit, Bitget, and Robinhood have recently deployed similar tokenized equity products for investors outside the United States.
Traditional market infrastructure providers are also adapting to the trend. The Depository Trust & Clearing Corporation has started testing tokenized securities infrastructure, while both Nasdaq and the New York Stock Exchange have unveiled their own tokenization initiatives.
However, the rapid proliferation of these products has sparked a structural debate over what a tokenized stock should actually represent. Synthetic derivatives track performance without conferring shareholder status, contrasting with issuer-sponsored models that place actual common shares onchain.
This distinction is becoming a focal point for regulators and market infrastructure providers. As tokenized securities move closer to the financial mainstream, authorities are increasingly scrutinizing the legal rights and protections attached to these digital instruments.
