Key Takeaways
- • Binance relaunched tokenized U.S. stock and ETF trading on February 24, 2026, through a partnership with Ondo Finance, enabling non-U.S. users to trade digital versions of major equities including Apple, Tesla, Nvidia, Microsoft, Amazon, Meta, Alphabet, and major indices (S&P 500, Nasdaq 100) directly from the Binance platform using crypto assets.
- • The initial launch includes 10 tokenized assets backed 1:1 by real underlying securities held by Ondo, with real-time price tracking, 24/7 trading availability (24/5 operational window), and significantly lower fees than traditional brokerage routes, eliminating cross-border transfer friction and KYC complications for international users.
- • Ondo Finance's tokenized stocks and ETFs are now accessible across multiple blockchain networks (BNB Chain, Ethereum, Solana) and integrated into both the Binance Alpha platform and Binance Wallet, with additional ecosystem integration through MetaMask enabling trading of 200+ tokenized U.S. stocks and ETFs.
- • This expansion represents Binance's strategic return to equities trading after abandoning the product in 2021, positioning the exchange to capture institutional and retail demand for blockchain-native securities access and broadening its competitive moat in the crypto financial services landscape.
Summary
Binance has officially relaunched tokenized U.S. stock and ETF trading as of February 24, 2026, marking a significant expansion of its financial services offerings. The cryptocurrency exchange partnered with Ondo Finance to bring digital versions of major U.S. equities and indices to its platform, enabling global users—particularly those outside the United States—to trade stocks and ETFs directly using cryptocurrency assets without navigating traditional banking infrastructure.
The initial product launch includes 10 core tokenized assets: Apple (AAPLon), Tesla (TSLAon), Nvidia (NVDAon), Alphabet (GOOGLon), Meta (METAon), Amazon (AMZNon), Microsoft (MSFTon), the S&P 500 ETF (SPYon), and the Nasdaq 100 ETF (QQQon). Each tokenized asset maintains a 1:1 backing ratio with real underlying securities held in custody by Ondo Finance, ensuring price parity with live market valuations. Trading operates on a 24/5 schedule (Sunday through Friday), removing traditional market hour constraints that limit conventional brokerage access. Fees are substantially reduced compared to traditional cross-border equity trading, with certain asset pairs offering zero-fee transactions.
The infrastructure supporting this offering is multi-chain, with Ondo's tokenized stocks and ETFs deployed across BNB Chain, Ethereum, and Solana networks. Integration extends beyond Binance's native platforms to third-party wallets—MetaMask users now have access to 200+ tokenized U.S. stocks and ETFs directly within their wallet interface. This ecosystem approach positions tokenized equities as interoperable digital assets, enhancing liquidity and accessibility across decentralized finance (DeFi) applications.
This move resolves a critical friction point for international crypto users seeking equity exposure: the elimination of traditional brokerage account opening requirements, KYC procedures specific to equity trading, and currency conversion complexities. Users can now directly allocate holdings from Binance CEX accounts into tokenized equity positions without external wire transfers or banking intermediation. The relaunch follows Binance's 2021 retreat from stock token offerings and signals institutional confidence in blockchain-native securities infrastructure. The initiative also benefited the broader crypto ecosystem, with reports of BNB price strength partly attributed to expanded platform utility and institutional adoption tailwinds, including Nomura custody developments and regional adoption initiatives.
The initial product launch includes 10 core tokenized assets: Apple (AAPLon), Tesla (TSLAon), Nvidia (NVDAon), Alphabet (GOOGLon), Meta (METAon), Amazon (AMZNon), Microsoft (MSFTon), the S&P 500 ETF (SPYon), and the Nasdaq 100 ETF (QQQon). Each tokenized asset maintains a 1:1 backing ratio with real underlying securities held in custody by Ondo Finance, ensuring price parity with live market valuations. Trading operates on a 24/5 schedule (Sunday through Friday), removing traditional market hour constraints that limit conventional brokerage access. Fees are substantially reduced compared to traditional cross-border equity trading, with certain asset pairs offering zero-fee transactions.
The infrastructure supporting this offering is multi-chain, with Ondo's tokenized stocks and ETFs deployed across BNB Chain, Ethereum, and Solana networks. Integration extends beyond Binance's native platforms to third-party wallets—MetaMask users now have access to 200+ tokenized U.S. stocks and ETFs directly within their wallet interface. This ecosystem approach positions tokenized equities as interoperable digital assets, enhancing liquidity and accessibility across decentralized finance (DeFi) applications.
This move resolves a critical friction point for international crypto users seeking equity exposure: the elimination of traditional brokerage account opening requirements, KYC procedures specific to equity trading, and currency conversion complexities. Users can now directly allocate holdings from Binance CEX accounts into tokenized equity positions without external wire transfers or banking intermediation. The relaunch follows Binance's 2021 retreat from stock token offerings and signals institutional confidence in blockchain-native securities infrastructure. The initiative also benefited the broader crypto ecosystem, with reports of BNB price strength partly attributed to expanded platform utility and institutional adoption tailwinds, including Nomura custody developments and regional adoption initiatives.
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