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 | 72.8% | 51 | $27 699.62 | -1.47% | 12.37% | $535 312 178 703 |  |
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|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 82% | 34 | $1 755.65 | -1.77% | 5.94% | $214 845 385 726 |  |
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| 3 |  USDT |
Tether predictions | 92.4% | 1 | $1.002084 | 0.05% | -0.07% | $77 597 684 287 |  |
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| 4 |  BNB |
Binance Coin predictions | 77.2% | 47 | $324.93 | -3.40% | 1.29% | $51 303 068 387 |  |
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| 5 |  USDC |
USD Coin predictions | 90.4% | 2 | $0.999104 | 0.05% | -0.05% | $34 688 583 156 |  |
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| 6 |  XRP |
XRP predictions | 87.2% | 17 | $0.443389 | -2.43% | 21.62% | $22 591 077 684 |  |
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| 7 |  HEX |
HEX predictions | 62.4% | 82 | $0.121831 | 18.79% | 50.10% | $21 126 843 527 |  |
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| 8 |  ADA |
Cardano predictions | 73.6% | 46 | $0.372955 | -0.19% | 14.21% | $12 948 673 638 |  |
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| 9 |  STETH |
Lido stETH predictions | 94.4% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
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| 10 |  DOGE |
Dogecoin predictions | 68.8% | 57 | $0.075250 | -0.62% | 6.67% | $9 983 489 971 |  |
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| 11 |  MATIC |
Polygon predictions | 71.2% | 51 | $1.12 | -1.27% | -0.90% | $9 820 053 978 |  |
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| 12 |  SOL |
Solana predictions | 70.4% | 54 | $21.73 | -2.22% | 11.16% | $8 340 660 175 |  |
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| 13 |  BUSD |
Binance USD predictions | 94.4% | 1 | $0.999536 | -0.06% | -0.06% | $8 060 283 229 |  |
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| 14 |  DOT |
Polkadot predictions | 74% | 51 | $6.20 | -1.07% | 3.53% | $7 249 289 155 |  |
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| 15 |  LTC |
Litecoin predictions | 68.4% | 58 | $88.07 | 8.87% | 11.63% | $6 388 980 451 |  |
