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Binance Just Launched Tradeable Stock Tokens With $COIN And $TSL

Binance just launched tradeable stock tokens with Coinbase and Tesla stocks after it announced an expansion in investment offerings as we can see more in our latest Coinbase news. According to Binance’s blog post, these tradable tokens will enable potential crypto investors to get more exposure to the traditional stock market which are zero-commission digital tokens that are fully backed and collateralized by a third party allowing the price to be pegged to the underlying shares price. The exchange noted: “Stock tokens are tokens that closely track the performance of traditional financial securities, particularly shares of publicly traded companies. Stock…

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