Microstrategy (MSTR), Apple (AAPL) & Microsoft (MSFT) Stocks Now In Binance!

thecekodok

Good news for crypto investors eyeing the stock market!


Binance announced the listing of Microstrategy (MSTR), Apple (AAPL) and Microsoft (MSFT) share tokens today at 9.30pm Malaysian time.


The listing of the token follows the launch of the first two stock tokens, namely Tesla (TSLA) and Coinbase (COIN).


Just like the Tesla and Coinbase tokens, these three latest stock tokens are also based on Binance USD (BUSD).



Be aware a stock token is a token that reflects a firm’s actual stock.


However, stock tokens are not stocks. It was developed with the aim of giving holders the right to obtain exposure to the underlying assets.


Binance has partnered with CM-Equity AG and Digital Assets AG for the launch of the product.


Last week, the Intraday Team reported that Binance was under investigation by supervisors for marketing stock tokens without verification of compliance with the law or otherwise.


To date there has been no development from the issue.

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