A tokenized stock derivative tracks a company's share price. It does not transfer legal or beneficial ownership of the underlying stock.
Holders get no shareholder voting rights, though some products pass through dividend-like payments tied to the reference stock.
Your exposure runs through the issuing exchange's derivative structure and custody setup, not a regulated share custodian holding real stock in your name.
Availability and legal protections depend on which license backs the product — Crypto.com's runs on an EU MiFID license, which is also why US users are excluded.
Read the product terms for any tokenized stock before buying — confirm whether you're getting a derivative or an ownership claim, and under which jurisdiction's rules.
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