Binance brings back tokenized stocks trading with Ondo Finance deal

Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Binance brings back tokenized stocks trading with Ondo Finance deal The world’s largest crypto exchange has listed a batch of tokenized U.S. equities issued by Ondo Finance on its Binance Alpha platform, reviving stock trading push. By Krisztian Sandor | Edited by Jamie Crawley Feb 24, 2026, 2:22 p.m. Make us preferred on Google Binance (modified by CoinDesk) What to know : Binance is relaunching tokenized stock trading nearly five years after shutting a similar service under regulatory pressure. The exchange has partnered with tokenization specialist Ondo Finance to list ten U.S. stock, ETF and commodity-linked tokens on the Binance Alpha platform. The move comes as tokenized equities gain momentum across crypto and traditional finance, with the sector’s value nearing $1 billion and major players like Nasdaq and the NYSE pursuing their own plans. Binance, the world’s largest crypto exchange by trading volume, is returning to offer tokenized stocks nearly five years after shelving a similar product under regulatory pressure. The exchange has teamed up with tokenization specialist Ondo Finance to list 10 tokenized U.S. stocks, ETFs and commodity-linked products on the Binance Alpha platform, the companies said in a Tuesday press release. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . 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 marketplace. The lineup includes blockchain-based token versions of Apple, Google, Tesla and Nvidia shares, along with the Invesco's Nasdaq-tracking QQQ ETF. The tokenized stocks 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 offer innovative and accessible trading opportunities," Jeff Li, Binance's vice president of product, said in a statement. The move marks a comeback for Binance, having offered tokenized stocks in April 2021 with Tesla and later added Coinbase, Strategy, Microsoft and Apple, before shutting the service after scrutiny from the U.K.’s Financial Conduct Authority and Germany’s BaFin. Last month, Binance said it was weighing a fresh push into tokenized equities . Listing the Ondo-issued tokens on the platform now puts that plan into action. Tokenized stocks have gained traction across crypto and traditional finance, with sector’s total value is approaching $1 billion, led by Ondo’s more than $550 million in locked value and $11 billion in cumulative trading volume since September 2025. Trading venues such as Kraken, Bybit and Gemini and brokerages like Robinhood rolled out their versions of tokenized equities trading. Wall Street exchanges such as Nasdaq and the New York Stock Exchange (NYSE) also laid out plans to offer trading with stocks tokens. Blockchain-based stocks can widen investor access, especially to retail users in developing countries without easy access to brokerage accounts offering U.S. stocks, proponents say. The tokens can also serve as collateral for borrowing in decentralized finance (DeFi). Read more: NYSE's 24/7 plan could fix key problem for stock tokens, Ondo's de Bode says Tokenized Assets Ondo Binance Abu Dhabi More For You Coinbase adds stock, ETF trading as it expands beyond crypto By Helene Braun | Edited by Sheldon Reback 30 minutes ago The move pits Coinbase against Robinhood as it pushes to become an “everything exchange.” What to know : Coinbase introduced stock and ETF trading for all U.S. users, allowing 24/5 equities trading alongside crypto on the platform. Expanding beyond crypto deepens competition with Robinhood and could help loosen the tie between Coinbase shares and the price of bitcoin. The expansion builds on Coinbase’s December “everything exchange” plan and follows the recent debut of its predictions market. Read full story Latest Crypto News CoinDesk 20 performance update: index falls 2% as nearly all constituents decline 12 minutes ago Coinbase adds stock, ETF trading as it expands beyond crypto 30 minutes ago Your AI is getting a bank account: MoonPay just gave bots the power to spend money 30 minutes ago 'If you’re not accumulating bitcoin at this stage, then when,' asks prominent analyst 42 minutes ago Cipher Digital rebrands as it pivots from bitcoin mining to HPC, shares slide 1 hour ago Canton advances cross-border repo to free up $300 trillion assets via tokenization 1 hour ago Top Stories Crypto markets bleed as bitcoin hovers above liquidation zone 2 hours ago Putting the treasury to work: The Ethereum Foundation just staked 70,000 ETH to fund its future 4 hours ago Jane Street faces claims of insider trading that sped up Terraform's 2022 collapse 8 hours ago Hong Kong's RedotPay said to plan blockbuster $1 billion IPO in New York: Bloomberg 5 hours ago Step Finance shuts operations after $27 million January hack 3 hours ago Bitcoin teeters near $63,000 as pippin's rally shows froth remains 2 hours ago