Binance Explores Return of Stock Tokens After 2021 Withdrawal
The cryptocurrency exchange is evaluating reintroducing tokenized equity products following its previous suspension amid regulatory scrutiny.
Summary
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Terms & Concepts
Stock Token: A blockchain-based digital asset representing fractional ownership of a traditional stock, allowing trading without holding the actual shares.
Tokenized Equity: Traditional company shares converted into digital tokens on a blockchain, enabling faster settlement and easier global access.