Not sure. Not always. We don't know in fact.
"The earliest recognized joint-stock company in modern times was the English (later British) East India Company, one of the most famous joint-stock companies. It was granted an English Royal Charter by Elizabeth I on December 31, 1600."
Stock market is well-studied since 1600. Cryptocurrency market is not, it is very young.
If we just use analogies, comparisons to discuss some FEATURES we can use ANY analogy which can help to understand us.
We can say that cryptocurrencies are trees. They have some similar features.
they have broadly similar attributes and behave in a broadly similar way.