Binance re-enters tokenized stocks market via Ondo Finance partnership Binance is making a calculated return to tokenized equities, nearly five years after pausing a similar offering amid regulatory scrutiny. The world’s largest crypto exchange has partnered with tokenization specialist Ondo Finance to list 10 tokenized U.S. stocks, ETFs and commodity-linked products on Binance Alpha, the companies said in a Tuesday press release. Binance Alpha — a trading venue inside Binance Wallet designed for early-stage, higher-risk crypto assets — will host blockchain-based token versions of major names including Apple, Google, Tesla and Nvidia, plus Invesco’s Nasdaq-tracking QQQ ETF. The new tokens are not available to users in the United States. “This gives our users more convenient ways to explore and trade tokenized stocks, in line with our mission to offer innovative and accessible trading opportunities,” said Jeff Li, Binance’s vice president of product. A comeback after regulatory pressure Binance first offered tokenized stocks in April 2021, listing tokenized Tesla shares and later adding names including Coinbase, MicroStrategy, Microsoft and Apple. The service was later suspended following scrutiny from the U.K.’s Financial Conduct Authority and Germany’s BaFin. Last month Binance said it was considering a renewed push into tokenized equities; the Ondo listing implements that plan. Market traction and wider industry movement Tokenized stocks have been gaining momentum across crypto and traditional finance. The sector’s total value is approaching $1 billion, led by Ondo’s reported more than $550 million in locked value and roughly $11 billion in cumulative trading volume since September 2025. Other platforms and brokers — including Kraken, Bybit, Gemini and Robinhood — have launched their own tokenized-equities products, and Wall Street exchanges such as Nasdaq and the NYSE have announced plans to support stock tokens as well. Proponents argue tokenized stocks can broaden investor access, particularly for retail users in countries where opening U.S. brokerage accounts is difficult, and can be used as DeFi collateral. But regulatory questions remain a significant factor in how widely these products will be offered and to whom. Read more: NYSE’s 24/7 plan could fix key problem for stock tokens, Ondo’s de Bode says. Read more AI-generated news on: undefined/news

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