Binance has announced a partnership with Ondo Finance to reintroduce tokenized stocks trading on its platform. This collaboration allows users to trade equities and exchange-traded funds (ETFs) using blockchain technology.
The move marks Binance's return to tokenized stocks after halting the service previously. The partnership with Ondo Finance aims to provide users with access to a broader range of financial products, integrating traditional finance with the digital asset ecosystem.
Details on the specific equities and ETFs available through this service are still emerging, but the initiative is expected to enhance the accessibility and flexibility of stock trading for Binance users.
This development is significant as it represents a step towards bridging traditional financial markets with the cryptocurrency space, potentially attracting more users to the platform.
Key facts
- Binance partners with Ondo Finance to offer tokenized stocks.
- The service includes equities and ETFs trading via blockchain.
- Binance had previously halted tokenized stock trading.
- Details on available equities and ETFs are still emerging.
Sources
About Leonard Kravets
cryptocurrency journalist and market analyst focused on the intersection of blockchain, culture, and real-world adoption. Known for his clear, data-driven writing style, he covers emerging altcoins, DeFi trends, and the risks behind hype-driven projects. With a strong emphasis on education, transparency, and spotting potential scams before they spread.
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