Binance, the world’s largest cryptocurrency exchange by trading volume, is returning to offering tokenized stocks nearly five years after abandoning a similar product under regulatory pressure.
The exchange has partnered with tokenization specialist Ondo Finance to list 10 tokenized US stocks, ETFs and commodity-related products on the Binance Alpha platform, the companies announced in a press release on Tuesday.
Binance Alpha is a platform within Binance Wallet, the exchange’s crypto wallet service, that allows users to trade early-stage, riskier crypto projects before listing them on the centralized spot market.
The lineup includes blockchain-based token versions of Apple, Google, Tesla and Nvidia stocks, as well as Invesco’s Nasdaq tracking ETF QQQ.
Tokenized shares are not available to users in the United States.
“Our users now have even more convenient ways to explore and trade tokenized stocks, in line with our mission to provide innovative and accessible trading opportunities,” Jeff Li, Binance VP of Product, said in a statement.
The move marks a comeback for Binance, which offered tokenized stocks in April 2021 with Tesla and later added Coinbase, Strategy, Microsoft and Apple, before shutting down the service after scrutiny from the UK’s Financial Conduct Authority and Germany’s BaFin.
Last month, Binance said it was considering a new push into tokenized stocks. The listing of tokens issued by Ondo on the platform now puts this plan into action.
Tokenized stocks have gained traction in crypto and traditional finance, with total industry value approaching $1 billion, led by Ondo with over $550 million in value locked and $11 billion in cumulative trading volume since September 2025.
Trading platforms such as Kraken, Bybit and Gemini and brokerages like Robinhood have rolled out their versions of tokenized stock trading. Wall Street exchanges such as Nasdaq and the New York Stock Exchange (NYSE) also plan to offer trading with stock tokens.
Proponents say blockchain-based stocks can expand investor access, particularly to retail users in developing countries who don’t have easy access to brokerage accounts offering U.S. stocks. Tokens can also be used as collateral for loans in the context of decentralized finance (DeFi).
Read more: NYSE’s 24/7 plan could solve key issue with stock tokens, says Ondo’s de Bode
