Binance Joins the Global Tokenized Equity Race

Binance, one of the world's largest cryptocurrency exchanges, has renewed its interest in tokenized stock trading by adding new features to its application programming interface (API). These changes indicate preparations for the launch of stock trading, despite the exchange's disappointing experience in 2021.

New API Features

On December 11, 2025, Binance updated its API log, adding three new endpoints. One of these, with a URL including `stock/contract`, allows users to "sign a TradFi-Perps agreement." The other two endpoints provide the ability to request trading session schedules for the week ahead and receive information about the current trading session.

These changes indicate that Binance plans to launch stock perpetual futures trading. The existing schedule endpoints also hint that trading will be session-based, as in traditional finance, rather than 24/7, as is common in the cryptocurrency industry.

2021 Experience

It's worth recalling that Binance already attempted to enter the tokenized stock niche in 2021. However, this initiative proved short-lived: the exchange halted sales just a few months after its launch in late April when the project attracted regulatory attention. This experience likely served as a lesson for the company, and it is now more cautious about launching new products.

Tokenized Stocks Go Mainstream

Binance's initiative follows a series of similar efforts by both traditional and cryptocurrency financial players. Stock tokenization is gradually moving from a fringe niche into the spotlight. For example, it has become known that leading US crypto exchange Coinbase is preparing to unveil its tokenized stock and prediction market project in the coming days.

Regulatory Challenges

However, not all market participants are excited about the development of stock tokenization. In October, Ondo Finance, a company specializing in the tokenization of traditional financial assets, called on the US Securities and Exchange Commission (SEC) to slow Nasdaq's plans to trade tokenized securities. The letter to the US regulator raised questions about the legal and regulatory aspects of tokenization, highlighting the need for a careful approach to this new field.

In Conclusion

Thus, Binance is once again attempting to carve out a niche in the rapidly developing tokenized stock segment. Given its previous experience and current regulatory challenges, the exchange will likely proceed more cautiously to avoid making the same mistakes. At the same time, growing interest in stock tokenization among other market players may contribute to the development of new standards and practices in this area. In the coming years, we may witness significant changes in how stocks are traded and perceived in the digital space.