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 | 75.2% | 54 | $67 706.14 | 1.90% | 2.01% | $1 335 948 390 898 |  |
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|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 74% | 47 | $3 251.05 | 2.03% | -6.72% | $390 867 892 707 |  |
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| 3 |  USDT |
Tether predictions | 95.6% | 1 | $1.000129 | 0.02% | -0.04% | $114 343 982 006 |  |
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| 4 |  SOL |
Solana predictions | 68% | 71 | $181.98 | 4.78% | 7.02% | $84 550 065 137 |  |
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| 5 |  BNB |
Binance Coin predictions | 78% | 41 | $579.05 | 1.11% | -1.52% | $84 500 124 655 |  |
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| 6 |  USDC |
USD Coin predictions | 92% | 1 | $1.000181 | 0.02% | 0.02% | $34 131 195 324 |  |
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| 7 |  XRP |
XRP predictions | 60% | 86 | $0.603888 | 0.68% | 5.26% | $33 794 079 216 |  |
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| 8 |  DOGE |
Dogecoin predictions | 71.6% | 55 | $0.134321 | 7.26% | 7.04% | $19 514 149 036 |  |
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| 9 |  TON |
Toncoin predictions | 82% | 30 | $6.68 | 0.78% | -8.51% | $16 800 802 508 |  |
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| 10 |  ADA |
Cardano predictions | 76.8% | 49 | $0.414814 | 3.90% | -4.75% | $14 893 010 858 |  |
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| 11 |  TRX |
TRON predictions | 88% | 18 | $0.137564 | 1.55% | 2.08% | $11 976 532 574 |  |
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| 12 |  AVAX |
Avalanche predictions | 75.2% | 40 | $28.71 | 5.33% | 1.85% | $11 334 689 323 |  |
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| 13 |  STETH |
Lido stETH predictions | 92.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
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| 14 |  WTRX |
Wrapped TRON predictions | 93.2% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 |  |
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| 15 |  WBTC |
Wrapped Bitcoin predictions | 92.8% | 1 | $65 806.83 | 0.78% | -2.68% | $10 083 957 608 |  |
