Binance Integrates Ondo Finance’s Tokenized Securities on BinanceAlpha
BinanceAlpha now supports tokenized versions of major U.S. stocks like Nvidia, Apple, and Tesla, further expanding the platform’s reach into real-world asset (RWA) markets.
ONDO
Summary
Binance announced the integration of Ondo Finance’s tokenized securities on its BinanceAlpha platform on February 24, enabling users to trade on-chain versions of major U.S. stocks, including Nvidia, Apple, and Tesla. This addition enhances BinanceAlpha's tokenized asset offerings, providing easier access to fractional ownership and global trading of major equities.
Terms & Concepts
- Tokenized assets: Blockchain-based representations of real-world assets, enabling on-chain transfer, settlement, and fractional ownership.
- Real-world asset (RWA) tokenization: Issuing digital tokens that mirror claims on off-chain assets like stocks or bonds, improving accessibility and 24/7 market access.