Binance Leads Push To Offer Tokenized US Stocks Outside Traditional Markets

bitcoinistPublished on 2026-01-24Last updated on 2026-01-24

Abstract

Major cryptocurrency exchanges, led by Binance, are exploring the reintroduction of tokenized US stocks, aiming to merge traditional financial markets with digital assets. Binance and OKX are reportedly evaluating offering crypto tokens that track publicly listed companies, reflecting a broader industry shift. This move is part of Binance's strategy to connect traditional finance with crypto, expanding user choice while adhering to regulatory standards. Other firms like Robinhood, Gemini, and Kraken have already launched similar offerings in Europe, while Robinhood and Coinbase are seeking regulatory approval in the US. Proponents argue that properly structured tokenization can enhance investor protections and market efficiency.

Major cryptocurrency exchanges are reportedly positioning to bring tokenized stock trading onto the blockchain, signaling a renewed push to merge traditional financial markets with digital assets.

According to a report published Friday by The Information, platforms such as Binance are exploring ways to offer crypto tokens that track publicly listed US companies, effectively creating new channels for equity exposure through tokenized instruments.

Binance And OKX Explore Tokenized Stocks

The report says Binance is considering reintroducing stock tokens to its platform, several years after pulling similar products in 2021 amid regulatory uncertainty.

The plan, cited by a person familiar with the matter, reflects a broader shift within the industry as exchanges revisit tokenized equities under evolving market and compliance frameworks.

OKX is also said to be evaluating the possibility of offering tokenized stocks, according to Haider Rafique, the company’s global managing partner and chief marketing officer.

Binance has framed the move as part of its long-term strategy to connect traditional finance with the crypto ecosystem. In a statement to CoinDesk, a Binance spokesperson said the exchange is focused on expanding user choice while maintaining strict regulatory standards.

The company noted that it began supporting tokenized real-world assets (RWAs) last year and recently launched what it described as the first regulated traditional finance perpetual contracts settled in stablecoins.

Exploring tokenized equities, the spokesperson said, is a natural progression as Binance continues to build infrastructure, collaborate with established financial institutions, and develop new products for users and the wider industry.

Binance and OKX are not alone in this effort. Several major crypto firms, including Robinhood (HOOD), Gemini (GEMI), and Kraken, have already rolled out tokenized stock offerings in Europe. Meanwhile, Robinhood and blockchain startup Dinari are seeking regulatory approval to introduce similar products in the United States.

Tokenized Shares Gain Increased Interest

Robinhood took a significant step in June of last year when it launched trading in tokens linked to publicly listed companies and announced plans to expand into tokenized shares of private firms.

As part of the rollout, the company distributed tokens pegged to OpenAI. According to Robinhood’s terms and conditions, those tokens function as derivative contracts backed by the firm’s ownership of fund units in a special-purpose vehicle that holds OpenAI convertible notes.

Coinbase (COIN), on the other hand, is reportedly in discussions with the US Securities and Exchange Commission (SEC) about launching tokenized securities that would grant investors the same legal rights and benefits as conventional shares.

Several issuers involved in the space say they are closely adhering to established rules around securities law, anti-money laundering requirements, bankruptcy protections, and investor safeguards.

Industry leaders argue that, when structured properly, tokenization can strengthen rather than weaken investor protections. Ian De Bode, chief strategy officer at Ondo Finance, said that a careful approach to tokenized securities can enhance safeguards while unlocking efficiencies that traditional markets struggle to achieve.

The daily chart shows BNB’s price consolidating below the key $900 level. Source: BNBUSDT on TradingView.com

Featured image from OpenArt, chart from TradingView.com

Related Questions

QWhat is Binance's reported plan regarding tokenized stock trading, and why is it significant?

ABinance is reportedly considering reintroducing stock tokens to its platform, which are crypto tokens that track publicly listed US companies. This is significant as it represents a renewed push to merge traditional financial markets with digital assets, creating new channels for equity exposure outside of traditional markets.

QWhich other major cryptocurrency exchanges, besides Binance, are exploring the offering of tokenized stocks?

ABesides Binance, OKX is also evaluating the possibility of offering tokenized stocks. Other major firms like Robinhood, Gemini, and Kraken have already rolled out such offerings in Europe.

QHow does Binance justify its exploration of tokenized equities as part of its long-term strategy?

ABinance frames this move as a natural progression in its strategy to connect traditional finance with the crypto ecosystem. The exchange stated it is focused on expanding user choice while maintaining strict regulatory standards, building infrastructure, collaborating with financial institutions, and developing new products.

QWhat specific example of a tokenized offering did Robinhood launch, and how does it function?

ARobinhood launched tokens pegged to OpenAI. According to its terms, these tokens function as derivative contracts backed by the firm's ownership of fund units in a special-purpose vehicle that holds OpenAI convertible notes.

QHow are issuers of tokenized securities ensuring they comply with existing regulations?

AIssuers say they are closely adhering to established rules around securities law, anti-money laundering requirements, bankruptcy protections, and investor safeguards. Industry leaders argue that a careful approach to tokenization can enhance investor protections while unlocking market efficiencies.

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