Binance Allows Users to Trade Tokenized Stock Tokens Starting With Tesla
Cryptocurrency exchange Binance is allowing its users to buy fractions of companies’ shares with a new tokenized stock trading service, starting with Tesla. The crypto exchange announced Monday the launch of Binance Stock Tokens, zero-commission digital tokens that qualify holders for returns including dividends.
As of 1:35 p.m. UTC (9:35 a.m. ET) April 12, users will be able to buy fractions of actual Tesla shares, which trade at $677 a share at the time of writing. Users will be able to purchase as little as one-hundredth of a Tesla share, with prices settled in Binance USD (BUSD).
The exchange’s native crypto Binance Coin (BNB) has surged more than 25% in the last 24 hours, reaching an all-time high of $637.44. It is priced at $590.51 at press time. It’s not immediately clear what is driving the price of the coin. It’s not the first tokenized stock play in crypto land: Terra Labs’ Mirror Protocol went live in December.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 89.2% | 13 | $61 377.91 | 0.24% | -4.03% | $1 208 984 351 902 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 86% | 18 | $2 929.69 | -0.17% | -6.65% | $351 889 156 462 |  |
|
| 3 |  USDT |
Tether predictions | 92.8% | 1 | $0.999762 | 0% | -0.04% | $110 813 592 494 |  |
|
| 4 |  BNB |
Binance Coin predictions | 85.2% | 15 | $597.86 | 0.88% | 1.01% | $88 235 564 642 |  |
|
| 5 |  SOL |
Solana predictions | 84.4% | 29 | $145.31 | -0.83% | -0.51% | $65 176 400 989 |  |
|
| 6 |  USDC |
USD Coin predictions | 95.6% | 1 | $1.000121 | 0.01% | 0.01% | $33 132 148 436 |  |
|
| 7 |  XRP |
XRP predictions | 91.6% | 13 | $0.502066 | -0.92% | -5.35% | $27 793 934 974 |  |
|
| 8 |  TON |
Toncoin predictions | 76.4% | 50 | $7.03 | 1.97% | 19.86% | $24 423 019 246 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 83.2% | 32 | $0.141239 | -2.59% | -12.99% | $20 375 478 891 |  |
|
| 10 |  ADA |
Cardano predictions | 86% | 16 | $0.438740 | -0.75% | -4.57% | $15 647 108 568 |  |
|
| 11 |  SHIB |
SHIBA INU predictions | 78.8% | 44 | $0.000022 | -1.41% | -9.23% | $13 225 335 129 |  |
|
| 12 |  AVAX |
Avalanche predictions | 83.2% | 31 | $33.49 | -1.06% | -9.99% | $12 777 010 234 |  |
|
| 13 |  TRX |
TRON predictions | 80.4% | 31 | $0.126986 | 0.46% | 4.84% | $11 108 893 420 |  |
|
| 14 |  WTRX |
Wrapped TRON predictions | 80.8% | 31 | $0.126725 | 0.39% | 4.28% | $11 086 029 132 |  |
|
| 15 |  STETH |
Lido stETH predictions | 96% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
