Key facts
- Crypto.com has launched tokenized derivatives for 1,500 U.S. stocks and ETFs.
- These products offer synthetic exposure to investors.
- Investors do not own the underlying shares or possess shareholder rights.
- Apple, Tesla, and Nvidia are among the tracked equities.
- Bitget is launching a new liquidity service for institutional clients.
- The service is for quantitative trading desks and investment funds.
- Bitget's offering features straight-through processing (STP).
- Low latency execution is included in Bitget's service.
- FIX API connectivity is available for automated trading strategies.
Crypto.com has introduced tokenized derivatives that track the price of 1,500 U.S. stocks and ETFs, marking a significant expansion into traditional equity markets. These new products offer synthetic exposure, meaning investors gain exposure to the price movements of assets like Apple, Tesla, and Nvidia without actually owning the underlying shares or holding shareholder rights. This development reflects a broader trend of cryptocurrency exchanges broadening their offerings to include traditional financial instruments.