Binance and OKX reportedly consider relaunching tokenized US stocks

Beincrypto reports that major crypto exchanges Binance and OKX are reportedly exploring the reintroduction of tokenized US stocks as a way to capture TradFi-style yields amid weak crypto trading volumes. Binance previously launched stock tokens in April 2021 with German broker CM-Equity AG and discontinued the product in July 2021 after pressure from regulators such as Germany’s BaFin and the UK’s FCA, which viewed the tokens as unlicensed securities lacking proper prospectuses; Binance then cited a shift in commercial focus.

Reports from The Information say Binance is now considering a relaunch for non-US users to avoid SEC oversight and create a parallel 24/7 market, while OKX is reportedly weighing similar offerings as part of its expansion into real-world assets. The move comes as crypto trading volumes and volatility have remained muted in 2026—researcher David Lawant noted January BTC spot volumes were about 2% below December and 37% below November—and as demand for US tech equity exposure has grown among crypto holders.

Tokenized equities currently represent roughly $912 million in value, up 19% month‑on‑month, with monthly transfer volumes exceeding $2 billion and rising active addresses, according to RWA.xyz. No official confirmations have emerged from either exchange and details on issuers, exact listings, or timelines remain limited.

Key Topics

Crypto, Binance, Okx, Tokenized Stocks, Cm-equity Ag, Bafin