Overview
- The exchange said reintroducing stock-linked tokens is a natural next step following last year’s push into tokenized real-world assets and new stablecoin-settled TradFi perpetuals.
- Binance halted its initial stock tokens in 2021 after scrutiny from Germany’s BaFin and the UK Financial Conduct Authority.
- OKX is evaluating similar offerings, according to executive Haider Rafique, signaling broader exchange interest in tokenized equities.
- Coinbase is reportedly in talks with the U.S. SEC about tokenized securities that would carry conventional shareholder rights.
- European rollouts continue, with Robinhood, Gemini, and Kraken offering tokenized stocks, and Robinhood distributing tokens pegged to OpenAI during its launch.