Crypto.com Wins SEC Approval for Tokenized Stock Perps in the US
- —Crypto.com will launch tokenized stock perps in the US through the OG.com exchange
- —The company held talks with the SEC and CFTC on single-stock perps
- —The announcement came hours after Kraken's plans for HIP-3 Hyperliquid in the US
- —RWA perp volume grew from $20 billion in January to $140 billion by July
Why it matters: Competition for the US tokenized stock perps market is heating up between Crypto.com and the Kraken-Hyperliquid alliance.
Source: Cryptonews.net
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