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New Stock Tokens to Be Made Available on Binance.com (2021-04-26)
Binance
2021-04-26 04:04
Fellow Binancians,
Microstrategy (MSTR), Apple (AAPL) and Microsoft (MSFT) Stock Tokens will be made available on Binance.com, with listing schedule as below:
  • Microstrategy (MSTR/BUSD) at 2021-04-26 1:30 PM (UTC)
  • Apple (AAPL/BUSD) at 2021-04-28 1:30 PM (UTC)
  • Microsoft (MSFT/BUSD) at 2021-04-30 1:30 PM (UTC)
Users will be able to trade these Stock Tokens on the Binance website.
What are Binance Stock Tokens?
Binance Stock Tokens are tokens of stocks (i.e., shares of public companies) that trade on traditional stock exchanges. Each Stock Token represents one ordinary share of the relevant stock. These Stock Tokens are fully backed by a depository portfolio of underlying securities held by CM-Equity AG, Germany (“CM-E”). Holders of Stock Tokens will qualify for economic returns on the underlying shares, including potential dividends.
Binance will monitor market demand and look to provide a channel to more Stock Tokens issued and sold by CM-E. Trading of Stock Tokens will follow traditional exchange hours and is not available for residents in Mainland China, Turkey, the United States and other restricted jurisdictions as finally determined by CM-E. Interested traders will only be able to trade Stock Tokens after satisfying all requisite Know-Your-Customer and other relevant compliance requirements.
For more information on Stock Tokens, please refer to the guide here.
Risk Warning: Please ensure you have read and agreed to the Binance Stock Tokens Trading Service Agreement and have agreed to use the Binance Stock Tokens trading service, and that you are aware of these risks and confirm to use this service.
Please note that all Stock Tokens listed on https://binance.com/ are products issued and sold by CM-Equity AG, Germany.
Thanks for your support!
Binance Team
2021-04-26
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
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