Just hours after announcing it would offer a tokenized version of Coinbase stock for trading, leading crypto exchange Binance has postponed the listing “due to market volatility.”

Stock tokens allow investors to buy fractions of a share without commission, while also getting dividends. Unlike actual stock holders, however, investors in token stocks have no voting rights in the company.

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Binance was set to list the Coinbase Stock Token (COIN) to be backed by actual Coinbase stock ($COIN), which began selling publicly today on Nasdaq. However, as one might expect of a new stock being traded via direct listing, the price is fluctuating as the public figures out what the US-based crypto exchange is worth.

$COIN’s reference price yesterday was $250, but it debuted today 52% higher at $381. It then climbed as high as $424 before sliding to $313. It’s a bit all over the place. While 15% to 20% swings are just a typical Wednesday in crypto markets, they’re less common to stocks–at least, well-established ones.

And Binance, hopeful to cash in on its rival’s big day, isn’t ready to press “go” on COIN/BUSD trading until that volatility settles.

That’s what XRP trading is for, apparently.

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