$97,401.00
3.77%$3,409.95
5.38%$2.25
4.12%$666.96
3.28%$187.50
1.84%$0.327177
13.37%$0.999072
-0.03%$3,408.17
5.86%$0.928195
12.33%$0.24661
4.34%$39.41
10.02%$23.11
9.06%$4,056.40
6.19%$5.38
6.76%$4.67
24.27%$0.00002245
12.61%$97,308.00
4.05%$0.366357
8.00%$7.25
12.42%$32.59
28.58%$0.260241
1.24%$3,400.13
5.13%$459.25
12.18%$9.29
1.55%$13.54
13.92%$0.00001819
17.85%$101.54
9.56%$3,587.21
5.20%$5.22
8.40%$0.998844
0.16%$4.14
2.41%$10.28
-3.06%$0.997666
0.04%$10.55
10.61%$313.15
8.99%$0.163583
8.25%$0.489325
10.71%$1.19
9.72%$26.68
6.54%$7.42
13.34%$0.0470281
12.64%$3.90
9.98%$192.28
7.63%$477.28
12.11%$24.43
0.10%$1.32
9.39%$1.14
23.82%$0.782038
9.74%$0.12382
8.23%$5.10
9.41%$1.041
14.73%$0.343141
10.77%$45.33
4.39%$2.68
20.56%$6.82
9.47%$1.73
5.54%$1.77
10.07%$1.85
8.06%$0.00003235
22.09%$1.42
7.71%$5.21
12.22%$2.22
19.64%$0.985454
25.32%$21.67
10.02%$0.217088
11.11%$2.07
13.72%$3,409.91
5.78%$97,402.00
3.89%$0.03001632
22.36%$0.44176
11.64%$2.29
11.57%$5.24
8.60%$3,505.57
5.70%$0.995167
-0.65%$3,809.70
5.32%$0.00017415
12.43%$0.03462251
12.14%$114.86
11.87%$13.12
9.10%$3,576.34
5.41%$1.75
13.24%$0.03683255
16.04%$0.02761523
5.22%$18.89
10.85%$97,470.00
4.28%$1,670.51
5.39%$0.02791298
18.93%$3.32
-0.16%$0.578971
15.16%$0.998559
-0.14%$0.378536
10.81%$1.36
6.99%$1.33
15.35%$11.18
6.36%$0.229091
9.88%$0.133107
12.52%$97,272.00
3.65%$4.47
9.65%$3,497.14
5.15%$0.832381
11.04%$6.89
8.59%$191.75
2.30%$36.01
7.92%$1.63
15.89%$0.857579
8.83%$0.077274
17.31%$0.730253
10.14%$0.496056
8.04%$16.74
7.36%$54.97
8.90%$1.51
9.59%$0.303508
10.97%$0.942111
12.51%$0.0000011
8.83%$0.833987
12.72%$1.12
8.98%$232.48
1.45%$14.43
7.63%$6.42
15.54%$35.68
12.95%$0.488528
10.37%$0.489396
10.00%$96,448.00
2.55%$96,806.00
3.82%$54.55
23.97%$5.26
17.52%$1.19
11.22%$3,395.29
5.28%$0.00000212
0.15%$3.02
9.26%$3.91
3.63%$0.819606
-25.78%$3.27
11.69%$0.087588
10.86%$0.164528
9.56%$0.278525
10.22%$0.69935
13.26%$3,406.85
5.39%$0.774973
11.29%$0.997957
0.33%$0.624699
9.66%$83.25
11.50%$0.792335
37.90%$199.77
2.16%$1.94
9.63%$3,400.05
5.37%$1.58
18.00%$2.09
4.93%$2.39
5.51%$0.00003542
8.02%$265.60
10.17%$21.54
10.70%$1.52
9.69%$0.00679611
15.13%$0.327502
13.58%$0.00797353
7.42%$0.763166
12.81%$0.182175
10.49%$96,588.00
3.08%$0.00651095
9.10%$0.658657
8.95%$0.656326
17.17%$2,626.26
0.57%$0.993994
-0.01%$5.76
12.13%$3,573.25
4.59%$0.00011345
16.02%$0.01149828
15.82%$0.00
23.50%$3,682.13
4.91%$2.48
15.42%$0.00860017
16.04%$19.01
19.58%$1.25
-7.89%$1.11
16.54%$27.08
10.43%$0.084245
8.41%$0.00636963
13.78%$3,401.98
4.84%$0.269755
8.43%$10.92
10.15%$0.39721
10.72%$1.32
21.11%$0.077282
3.05%$1.016
-0.35%$0.998737
0.04%$1.29
16.13%$97,493.00
4.29%$2,621.15
0.51%$14.14
21.16%$0.00000052
4.09%$0.514441
23.60%$96,594.00
4.22%$0.053359
29.31%$8.92
-10.10%$0.01116208
15.49%$1.52
6.99%$31.83
16.79%$3,334.80
3.52%$0.999265
-0.32%$3,403.74
4.87%$4.86
7.73%$0.446788
13.38%$0.0063307
23.84%$0.06143
9.76%$0.292395
61.78%$37.63
10.83%$97,110.00
3.88%$0.00572191
17.27%$3,559.52
5.22%$0.06538
8.85%$3,652.52
5.10%$0.00639711
11.03%$1.053
-1.16%$0.0024793
12.39%$2.09
11.08%$0.00101054
13.49%$26.79
49.01%$0.02177326
13.00%$3.20
9.15%$0.072377
5.72%$0.00000329
11.21%$5.23
5.60%$0.228322
13.49%$0.995052
0.17%$1.071
-0.63%$0.470428
9.15%$88.37
2.75%$0.21213
8.90%$0.999221
-0.07%$2.49
9.04%$3,759.21
6.23%$0.00000018
9.29%$0.679855
12.07%$0.03804715
6.88%$3.47
12.52%$0.894728
7.20%$0.368713
59.97%$0.140865
5.36%$0.999629
0.07%$2.92
2.04%$0.01080261
12.47%$0.744169
18.01%$0.03630717
11.85%$46.27
9.68%$0.360821
8.79%$3,406.75
5.25%$0.358455
7.20%
Crypto exchange Binance plans to list a tokenized version of crypto exchange Coinbase's stock once it goes public later today. This will let users buy and sell fractions of a share, if they so wish.
Coinbase is set to go public via a direct listing on the Nasdaq, in what’s been described as a “watershed moment” for crypto. Nasdaq has given the stock, which will trade under the ticker COIN, a reference stock price of $250—providing a valuation of around $64 million.
Binance’s tokenized stocks are tokens backed by the underlying stock. A German investment firm looks after the stock on behalf of Binance. Because they are bought and sold as tokens, they can be divided and fractions can be sold.
If the tokens produce dividends, they will be divided among the token holders. Binance users can trade the stocks during traditional exchange hours—unlike cryptocurrencies, which are traded 24/7.
The exchange only started listing tokenized stocks on Monday. The first stock available was Tesla, which blew up in value throughout 2020.
Broke: @binance has stocks, FTX's are dead.
Woke: Binance only has 1 stock, only 33 hours/week, no futures, and 3rd parties can't create with CM-E
Bespoke: This is just their beta. Only by competing and challenging each other to do better can we push the industry forward.
— SBF (@SBF_Alameda) April 12, 2021
Binance’s move into tokenized stocks follows the success of its rival exchange FTX, which offers a wider range of tokenized stocks including Tesla, MicroStrategy, PayPal, and Amazon.
On Monday, FTX CEO Sam Bankman-Fried commented on Binance’s recent addition of tokenized stocks, stating, “This is just their beta. Only by competing and challenging each other to do better can we push the industry forward.”
