Binance brings back tokenized stocks trading with Ondo Finance deal

1 month ago

The world’s largest crypto speech has listed a batch of tokenized U.S. equities issued by Ondo Finance connected its Binance Alpha platform, reviving banal trading push.

Feb 24, 2026, 2:22 p.m.

Binance, the world’s largest crypto speech by trading volume, is returning to connection tokenized stocks astir 5 years aft shelving a akin merchandise nether regulatory pressure.

The speech has teamed up with tokenization specializer Ondo Finance to database 10 tokenized U.S. stocks, ETFs and commodity-linked products connected the Binance Alpha platform, the companies said successful a Tuesday property release.

Binance Alpha is simply a level wrong Binance Wallet, the exchange's crypto wallet service, that allows users to commercialized early-stage, riskier crypto projects earlier listing them connected the centralized spot marketplace.

The lineup includes blockchain-based token versions of Apple, Google, Tesla and Nvidia shares, on with the Invesco's Nasdaq-tracking QQQ ETF.

The tokenized stocks are not disposable to users successful the United States.

"Our users present person adjacent much convenient ways to research and commercialized tokenized stocks, successful enactment with our ngo to connection innovative and accessible trading opportunities," Jeff Li, Binance's vice president of product, said successful a statement.

The determination marks a comeback for Binance, having offered tokenized stocks successful April 2021 with Tesla and aboriginal added Coinbase, Strategy, Microsoft and Apple, earlier shutting the work aft scrutiny from the U.K.’s Financial Conduct Authority and Germany’s BaFin.

Last month, Binance said it was weighing a caller propulsion into tokenized equities. Listing the Ondo-issued tokens connected the level present puts that program into action.

Tokenized stocks person gained traction crossed crypto and accepted finance, with sector’s full worth is approaching $1 billion, led by Ondo’s much than $550 cardinal successful locked worth and $11 cardinal successful cumulative trading measurement since September 2025.

Trading venues specified arsenic Kraken, Bybit and Gemini and brokerages similar Robinhood rolled retired their versions of tokenized equities trading. Wall Street exchanges specified arsenic Nasdaq and the New York Stock Exchange (NYSE) besides laid retired plans to connection trading with stocks tokens.

Blockchain-based stocks tin widen capitalist access, particularly to retail users successful processing countries without casual entree to brokerage accounts offering U.S. stocks, proponents say. The tokens tin besides service arsenic collateral for borrowing successful decentralized concern (DeFi).

Read more: NYSE's 24/7 program could hole cardinal occupation for banal tokens, Ondo's de Bode says

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Wall Street’s large blockchain win: SEC gives WisdomTree the greenish airy for instant, around-the-clock trading

Jonathan Steinberg (left), CEO, WisdomTree, and Kevin Reynolds, editor-in-chief, CoinDesk (Shutterstock/CoinDesk)

The determination adds momentum to the $10 cardinal ample tokenized Treasury marketplace led by BlackRock, Circle and others.

What to know:

  • The Securities and Exchange Commission approved WisdomTree’s petition to fto its Treasury Money Market Digital Fund (WTGXX) commercialized astatine a fixed $1 intraday terms with a dealer, alternatively than lone astatine end-of-day nett plus value.
  • Under the caller structure, a broker-dealer volition commercialized from its ain inventory connected a 24/7 ground with instant blockchain settlement, portion the communal fund’s superior operation and regularisation stay intact.
  • The determination positions WisdomTree among a increasing radical of firms tokenizing accepted assets similar U.S. Treasury wealth marketplace funds, a marketplace that present exceeds $10 cardinal successful tokenized Treasuries.
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