Binance is reentering the tokenized equities market nearly five years after suspending a similar service amid regulatory scrutiny. The world’s largest cryptocurrency exchange by trading volume has partnered with Ondo Finance to list a new batch of tokenized U.S. stocks, exchange traded funds, and commodity linked products on its Binance Alpha platform.
The move marks a renewed push by Binance to expand beyond traditional crypto spot and derivatives trading. Binance Alpha operates within Binance Wallet and is designed to give users access to early stage and innovative digital assets before they are listed on the main exchange marketplace. With the addition of tokenized equities, Binance is broadening its multi asset strategy at a time when blockchain based representations of traditional securities are gaining traction.
The newly listed tokens include blockchain based versions of major U.S. equities such as Apple, Tesla, Nvidia, and Google, along with exposure to the Invesco QQQ ETF, which tracks the Nasdaq 100 index. These digital tokens are backed by underlying assets and are not available to users located in the United States due to regulatory restrictions.
Binance previously introduced tokenized stocks in 2021, initially offering exposure to Tesla and later expanding to other prominent companies. However, the service was discontinued following scrutiny from European regulators including the Financial Conduct Authority in the United Kingdom and BaFin in Germany. The new collaboration with Ondo Finance signals that Binance believes regulatory conditions and market demand now support a structured return to the segment.
The broader tokenized equity sector has grown steadily over the past year. Industry data indicates that the total value of tokenized stocks is approaching 1 billion dollars, with Ondo Finance accounting for more than 550 million dollars in locked value and billions in cumulative trading volume since late 2025. Other crypto trading platforms such as Kraken, Bybit, and Gemini have also introduced tokenized equity offerings, while retail brokerage platforms continue expanding digital asset integration.
Traditional financial institutions are monitoring the trend as well. Major exchanges including Nasdaq and the New York Stock Exchange have outlined plans to explore tokenized securities infrastructure, signaling growing interest from Wall Street in blockchain settlement and extended trading hours.
Proponents argue that tokenized stocks can broaden access to U.S. equities for international investors who may face barriers opening conventional brokerage accounts. In addition, these tokens can potentially be used as collateral within decentralized finance ecosystems, creating new capital efficiency opportunities.
Binance’s latest move underscores intensifying competition at the intersection of crypto and traditional finance, as digital asset platforms race to integrate equities, ETFs, and blockchain based financial products under one ecosystem.
