Tokenized stocks race heats up across crypto and TradFi
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Binance and OKX’s reported interest in tokenized US stocks comes amid intensifying competition across both crypto and traditional finance.
Robinhood has already launched tokenized US stocks and ETFs in the EU, expanding to nearly 2,000 assets with zero commissions and extended trading hours. Meanwhile, Coinbase is building an “everything exchange” blending stocks, crypto, derivatives, and prediction markets.
If Binance and OKX move forward, their massive global user bases could accelerate adoption of tokenized equities — but regulatory risk, liquidity design, and trust remain the key hurdles after past shutdowns.