Binance is exploring re-launching stock tokens on its platform, after delisting the product in 2021. Stock tokens are digital tokens representing publicly listed company stocks. Investors can buy fractional stocks on the blockchain that are held and settled in real time, without needing to purchase a whole share of Apple or Microsoft stock.
Binance launched its stock token service in April 2021, initially offering Tesla stock and later expanding to Coinbase, Tesla, Microsoft, and Apple stocks. This move attracted regulatory scrutiny, with the UK Financial Conduct Authority (FCA) and the German Federal Financial Supervisory Authority (BaFin) both questioning whether these tokens violated securities laws. In July 2021, Binance shut down the service.#加密市场观察 $AXS
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