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Crypto.com Launches Tokenized Stocks on Its App

The derivatives give eligible EEA users round‑the‑clock, fractional price exposure and raise fresh questions about ownership rights and custody risk.

Overview

  • Crypto.com publicly launched Tokenized Stocks on Wednesday, August 12, 2026, offering 24/7 trading and fractional exposure to about 1,500 U.S. stocks and ETFs with minimum positions from US$1 for eligible EEA and other approved users.
  • The products are synthetic derivative instruments issued by Foris Capital CY Limited that track underlying share prices but do not confer legal or beneficial ownership or shareholder voting rights.
  • Crypto.com says dividend-equivalent adjustments may apply and that the underlying securities supporting the derivatives are held in custody at U.S. broker-dealer Alpaca.
  • The rollout builds on Crypto.com’s May 2025 purchase of Foris Capital, which gave the company a MiFID-regulated vehicle to passport investment products into the EEA.
  • The launch comes as tokenized stock markets have surged—reported at roughly $2.49 billion after about 600% growth—and has intensified scrutiny from market infrastructure players and regulators over product design, custody practices and counterparty exposures while many U.S. retail investors remain excluded.