Binance is reportedly preparing to relaunch its Tokenize stock trading service, marking a new effort to connect traditional financial markets (TradFi) with blockchain infrastructure.
According to market sources, this initiative aims to issue digital representations of listed shares, allowing investors to access securities assets through a blockchain platform, with greater trading flexibility compared to the traditional model.
Returning after a hiatus in 2021.
Previously, in 2021, Binance experimented with a Tokenize stock model with prominent stocks like Tesla and Coinbase. However, the service was temporarily suspended after a short time due to concerns related to the legal framework and regulatory compliance in various jurisdictions.
Binance's consideration of relaunching the product reflects a changing market landscape, particularly as regulators in the US and Europe begin more serious discussions about the structure of the crypto market and Tokenize assets.
The wave of Tokenize is spreading to Wall Street.
Binance's move aligns with a broader trend in the global financial industry. Traditional exchanges like the NYSE and Nasdaq are also actively working with regulators to seek approval for initiatives related to digital asset trading and securities Tokenize .
In the US, Congress is currently debating bills to structure the crypto market, which are expected to clarify the lines between securities, commodities, and digital assets, thereby creating a legal framework for products such as Tokenize stocks.
The bridge between TradFi and Crypto
If successfully implemented, Tokenize stocks could open up a new model for global investors:
- Access to stocks with smaller face values.
- Trading is available almost 24/7.
- Integrating on-chain payments and custody
