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Trade Stock Tokens on Binance | Binance Blog

Trade Stock Tokens on Binance | Binance Blog



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4 Comments

  1. This is fantastic. I see it as a step towards a future where stock shares are fully digital. If a company wants to pay dividends it could buy back shares then snapshot and pay them out accordingly. Could really shake up the stock market and stick it to hedge funds and their “legal” tactics to screw the little guy.

    None of the synthetic share bullshit that those hedge funds pulled off to get out of GME trouble.

    Sky is the limit in crypto. Or should I say moon

  2. tldr; Binance is launching zero-commission, tradable stock tokens. Each stock token will represent one share of equity stock, backed by shares stored in a depository portfolio of underlying securities. The first stock tokens on Binance will be of Tesla Inc., the largest automaker by market capitalization.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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