Trading securities on Binance has become a reality - Ondo Tokenized Securities
Scrolling through Binance Alpha sees all strange tokens (like codes like on or MUon, PLTRon...) it turns out most are tokenized US securities (tokenized US stocks/ETFs) from Ondo Finance
Users can now trade stocks from top companies in the US right on Binance such as Coinbase, Nvidia, Meta, Google, Amazon,..
Note:
- Tokenized securities are operated by Binance based on a license from ADGM (Abu Dhabi)
- Tokens are pegged 1-1 to the price, with no voting rights
- Trading 24/7 with low fees like other tokens on Binance Alpha
- High slippage on some trading pairs due to low liquidity
=》 Binance clearly warns: "Tokenized securities are not actual stocks or ETFs"
=》 In summary, it's only trading on price, not real stocks, okay users?
=》 This is a significant milestone for the RWA sector in general
=》 Which type of asset will be tokenized next, users?
P/s Mining Alpha is still tough, any users mining again should consider carefully.
Scrolling through Binance Alpha sees all strange tokens (like codes like on or MUon, PLTRon...) it turns out most are tokenized US securities (tokenized US stocks/ETFs) from Ondo Finance
Users can now trade stocks from top companies in the US right on Binance such as Coinbase, Nvidia, Meta, Google, Amazon,..
Note:
- Tokenized securities are operated by Binance based on a license from ADGM (Abu Dhabi)
- Tokens are pegged 1-1 to the price, with no voting rights
- Trading 24/7 with low fees like other tokens on Binance Alpha
- High slippage on some trading pairs due to low liquidity
=》 Binance clearly warns: "Tokenized securities are not actual stocks or ETFs"
=》 In summary, it's only trading on price, not real stocks, okay users?
=》 This is a significant milestone for the RWA sector in general
=》 Which type of asset will be tokenized next, users?
P/s Mining Alpha is still tough, any users mining again should consider carefully.