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Crypto.com has launched Tokenized Stocks within its app, allowing users to trade tokenized versions of global equities around the clock with instant settlement and no commissions for a limited time.
Crypto.com has announced the integration of Tokenized Stocks into its mobile app, enabling users to trade tokenized representations of global equities directly within the platform. This new feature allows 24/7 trading with instant settlement, supports investments starting from $1 through fractional share purchases, offers up to 4% annual rewards via Stocks Earn, and is commission-free for a limited time. According to Crypto.com, each tokenized stock is 1:1 backed by shares held in regulated U.S. custody, but access is subject to jurisdictional restrictions. The product is described as complex, may not be suitable for all investors, and does not provide direct shareownership or guaranteed returns.
Crypto.com is a cryptocurrency exchange that supports spot and derivative trading with a regularly expanding list of tradeable crypto assets, such as Bitcoin, Ethereum, Litecoin, and Ripple. The platform offers a web trading terminal, a mobile app, leveraged trading, and multiple deposit and withdrawal methods, but does not support fiat trading. More details are available in the broker profile on Traders Union.
For more details on how Crypto.com was involved in recent high-profile sponsorships and the growing role of stablecoins in sports and politics, read our earlier news about Crypto.com on Traders Union.