Binance, OKX, and Kraken expand tokenized stock trading
Binance, OKX, and Kraken have launched new tokenized stock trading products, expanding access to U.S. equities and ETFs with zero-fee promotions and extended trading hours.
Binance has broadened its trading offerings by introducing 10 new bStocks tokenized securities trading pairs and enabling Spot Algo Trading Bots for these pairs. The new bStocks pairs—such as AXTIB/USDT, CRWVB/USDT, INTWB/USDT, and others—are now available for spot and margin trading, with zero maker fees during a promotional period. Additionally, these bStocks can be used as collateral for margin trading, although lending is not yet supported. OKX has launched Unified Tokenized Stocks, granting blockchain-based access to over 40 major U.S. stocks and ETFs for users in select regions. Trading is paired with USDT and features a unified order book to enhance liquidity. Kraken has introduced xStocks, allowing tokenized trading of 60 U.S. equities with five-day-a-week trading. This move aims to bridge traditional finance and blockchain. Collectively, these initiatives highlight a growing trend among major exchanges to integrate tokenized equities, expanding global access and trading options.