Binance expands tokenised stock market presence

• Binance has become the second-largest issuer of tokenised stocks through xStocks.
• The exchange has expanded access to blockchain-based stock trading products.
• The move reflects growing demand for tokenised versions of traditional assets.

Binance expanded its tokenised stock offering through the xStocks platform, according to market data.

The milestone reflects growing trading activity in blockchain-based versions of traditional stocks.

Binance said the expansion gives users broader access to tokenised stock trading products.

Tokenised stocks are blockchain-based representations of shares that can be traded through supported digital asset platforms.

The market for tokenised financial assets has expanded as exchanges and financial firms add blockchain-based investment products.

Binance has been increasing its focus on tokenised assets as part of its broader digital asset strategy.

The development highlights growing interest in bringing traditional financial assets onto blockchain networks.