Crypto.com Launches Tokenized Stock Derivatives in Europe
Through Foris Capital CY Limited, the exchange offers price exposure to Apple, Nvidia, and Tesla in the EEA. These are derivatives, not actual stock ownership, under a MiFID license.
Key Takeaways
- Crypto.com is offering tokenized derivatives in Europe on 1,500 U.S. stocks and ETFs, including Apple, Nvidia, and Tesla.
- The products provide price exposure starting at $1 and can be traded 24 hours a day, but they do not give legal or economic stock ownership.
- The launch follows the acquisition of Foris Capital and fits into the rapid growth of tokenized stocks, which market data values at about $2.49 billion.
Crypto.com is expanding its offering into stocks and ETFs with tokenized derivatives on 1,500 U.S. listed names. For users in the European Economic Area and other approved markets, that means access to price exposure on products like Apple, Nvidia, and Tesla, without buying the underlying shares.
How the Products Work
The new products are derivatives issued by Foris Capital CY Limited and track the price of the underlying stocks or ETFs. Crypto.com lets customers get started from $1 (€0.87) and says the products can be traded 24 hours a day.
What matters here is that this does not create stock ownership. Investors do not get legal or economic ownership of the underlying securities, and they also do not get voting rights as shareholders. According to Crypto.com, they may receive dividend equivalents. The underlying assets are held with U.S. broker-dealer Alpaca.
The move builds on the acquisition of Foris Capital in May 2025, which gave Crypto.com a MiFID license for regulated financial products in Europe. That pushes the exchange further into a market where crypto and traditional investment products are increasingly overlapping. It also fits the broader trend of platforms making traditional markets accessible through blockchain-like products, such as crypto exchanges using perps for Wall Street markets.
Tokenized Equities Are Gaining Ground
The launch fits into a broader wave of tokenized stock products. According to market data, the value of tokenized stocks has climbed to about $2.49 billion (€2.2 billion), up roughly 600 percent in a year. Companies like Kraken, Bybit, Bitget, and Robinhood have also rolled out similar products for customers outside the United States.
At the same time, market infrastructure and regulators are paying more attention. The Depository Trust & Clearing Corporation is testing tokenized securities infrastructure, while Nasdaq and the New York Stock Exchange have introduced their own tokenization initiatives. That shows the debate is no longer just about crypto, but also about how traditional markets can be technically opened up through blockchain.
Why This Matters
For European crypto investors, the main point is that products like these blur the line between crypto exchanges and classic markets even more. The rise of synthetic exposure can make access easier, but it also makes it important to understand the difference between price tracking and actual shareholder ownership.
The recent growth in tokenized equities also shows that this segment is no longer a niche. For platforms with a European license, that could be an important way to offer new investment products in a regulated setting.
