Crypto.com is world’s 11th largest exchange, according to data source Coingecko.
Stock tokenization push
The launch lands in a fast-growing corner at the intersection of the crypto market and traditional assets. Tokenized stocks have reached about $2.49 billion in value, up roughly 600% over the past year, as exchanges and blockchain firms race to bring equities onchain. Citi estimated that tokenized securities could grow into a $5.5 trillion market by 2030, including $2.6 trillion in tokenized equities.
Kraken, Bybit, Bitget and Robinhood are among the trading platforms that have rolled out tokenized equity products for investors outside the U.S. Meanwhile, the Depository Trust & Clearing Corporation (DTCC), the backbone of the U.S. securities markets, has begun testing tokenized securities infrastructure. At the same time, Nasdaq and the New York Stock Exchange also unveiled tokenization initiatives.
BBut not all of those products…
