Binance Expands Tokenized Equity Products with 10 New Listings

Cryptocurrency exchange Binance continues to expand its tokenized equity products. Starting July 29th at 3 PM, users on the Binance Spot platform will be able to trade tokens representing leading technology and finance companies.

The new trading pairs include Apple (AAPLB), Applied Materials (AMATB), Amazon (AMZNB), Bloom Energy (BEB), Dell (DELLB), Fluence Energy (FLNCB), Goldman Sachs (GSB), PayPal (PYPLB), VanEck Semiconductor ETF (SMHB), and Direxion Semiconductor Bear 3X ETF (SOXSB).

Binance's recent listing decision is part of the trend in major crypto platforms increasing their tokenized products. The addition of ETFs focused on globally recognized companies aims to offer investors a wider variety of products.