((Crypto.com)) Launches Tokenized Stock Derivatives, Supporting 1,500 US Stocks and ETFs

According to CoinDesk, ((Crypto.com)) has launched tokenized stock derivatives, offering synthetic exposure to 1,500 US stocks and ETFs, including Apple, NVIDIA, Tesla, as well as ETFs like GLD and SLV. The minimum investment amount is $1, and trading is available 24/7. This product is issued by Foris Capital CY Limited, providing synthetic exposure—tracking the price movements of the underlying assets without granting holders actual ownership of shares, voting rights, or other shareholder privileges, though dividend-equivalent adjustments may be possible. The underlying assets are custodied by US broker Alpaca. This launch is based on the MiFID license acquired by ((Crypto.com)) through its May 2025 acquisition of Foris Capital.