Crypto exchange Binance has announced it is listing tokens backed by a portfolio of real stocks of MicroStrategy, Apple and Microsoft to the platform.
According to the company, these new investment products will be available alongside the stablecoin BUSD during the traditional trading session. The tokens will allow investors to buy fractions of stocks.
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Binance will launch trading of tokenized stocks of MicroStrategy (MSTR) on April 26, Apple (AAPL) and Microsoft (MSFT) on April 28 and 30, respectively. These new products will not be available to residents of mainland China, the US, Turkey and some other jurisdictions.
Binance launched tokenized stocks of Tesla and Coinbase in April.