Binance Announces New Stock Tokens on its Platform

Binance Announces New Stock Tokens on its Platform

Binance.com has announced it will avail MicroStrategy, Apple, and Microsoft stock tokens on its platform.  Users can trade the stock tokens on the Binance platform.

MicroStrategy stock tokens will be availed at 2021-04-26 1:30 PM (UTC).

Apple stock tokens will be availed at 2021-04-28 1:30 PM (UTC).

Microsoft stock tokens will be availed at 2021-04-30 1:30 PM (UTC).

The stock tokens represent one ordinary share of the relevant stock and are backed by depository portfolio of underlying securities held by CM-Equity AG.

Holders of the stock tokens are entitled to economic returns of underlying shares, including dividends.

Binance will monitor demand and evaluate adding more stock tokens.

Binance stock token trading will follow traditional exchange hours and will not be availed in Mainland China, Turkey, U.S, and other restricted jurisdictions.

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