Crypto.com Launches Tokenised US Stocks in Europe: Trading Opens Round the Clock

European users of Crypto.com can now trade more than 1,500 tokenised US stocks and ETFs around the clock, following the exchange's launch of its Tokenised Stocks product on 12 August 2026. The rollout covers the European Economic Area and other approved jurisdictions, with a minimum entry of $1.

The tokens are structured as derivatives that track the price of underlying US shares rather than granting ownership or shareholder rights. They are issued by Crypto.com's Cyprus entity, Foris Capital CY Limited, while the underlying securities are held in custody by Alpaca, a US-regulated self-clearing broker-dealer. Crypto.com says Alpaca supports more than 90% of the tokenised US stock and ETF market, a figure the company notes is self-reported and not independently verified.

The offering includes instruments tied to Nvidia, Tesla and Apple, as well as ETFs tracking commodities such as gold and silver. Trading can take place outside standard US market hours. Users may also receive dividend-equivalent adjustments under the product's terms.

Crypto.com is offering zero-commission trading on the new instruments for a limited introductory period, although FX charges or spreads may still apply. The company has not disclosed when the promotion will end. "Money never sleeps. Market access shouldn't either," said Kris Marszalek, Co-Founder and CEO of Crypto.com.

Competitive landscape

The move puts Crypto.com in the same segment as Kraken and Bybit, which already distribute tokenised equity products built on Backed Assets' xStocks. There is a structural difference: xStocks on Kraken can be withdrawn to self-custody wallets for supported assets, according to Kraken's product documentation, while Crypto.com's derivative-style tokens do not confer ownership rights.