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 | 64% | 72 | $95 045.41 | -2.14% | -3.35% | $1 880 972 803 433 |  |
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|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 70% | 59 | $3 607.34 | -2.70% | 5.59% | $434 476 665 941 |  |
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| 3 |  USDT |
Tether predictions | 94.4% | 1 | $1.000393 | -0.01% | -0.06% | $134 174 956 402 |  |
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| 4 |  XRP |
XRP predictions | 58.8% | 88 | $2.28 | 19.14% | 49.47% | $129 804 636 813 |  |
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| 5 |  SOL |
Solana predictions | 67.2% | 74 | $226.08 | -5.21% | -11.33% | $107 420 789 637 |  |
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| 6 |  BNB |
Binance Coin predictions | 78.8% | 31 | $633.98 | -3.43% | -5.69% | $91 298 661 851 |  |
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| 7 |  DOGE |
Dogecoin predictions | 57.6% | 93 | $0.409410 | -4.66% | -5.36% | $60 195 884 561 |  |
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| 8 |  USDC |
USD Coin predictions | 95.2% | 1 | $1.000010 | 0% | 0.01% | $39 938 026 846 |  |
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| 9 |  ADA |
Cardano predictions | 61.2% | 84 | $1.095253 | 2.19% | 2.72% | $38 427 920 362 |  |
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| 10 |  AVAX |
Avalanche predictions | 66% | 69 | $46.98 | 5.65% | 1.77% | $19 228 681 123 |  |
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| 11 |  TRX |
TRON predictions | 61.2% | 80 | $0.205622 | -1.05% | -2.30% | $17 746 132 725 |  |
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| 12 |  SHIB |
SHIBA INU predictions | 53.6% | 94 | $0.000029 | -3.67% | 10.85% | $16 965 804 105 |  |
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| 13 |  TON |
Toncoin predictions | 66.4% | 62 | $6.46 | -4.68% | 4.77% | $16 451 194 830 |  |
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| 14 |  XLM |
Stellar predictions | 58.8% | 89 | $0.511260 | 0.31% | -5.88% | $15 376 167 903 |  |
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| 15 |  DOT |
Polkadot predictions | 60.4% | 85 | $8.64 | -3.65% | -5.30% | $13 179 718 532 |  |
