Binance Lists 10 Tokenized Stocks Via Ondo Finance

Key Points

• Binance relisted tokenized stock trading after five years, listing 10 of Ondo Finance’s tokenized US stocks and ETFs on its Binance Alpha platform.
• Ondo Global Markets backs the tokens with more than $550 million in value locked and over $11 billion in cumulative trading volume.
• A non-US wallet can trade AAPLon or TSLAon on-chain through MetaMask and post the tokens as collateral in DeFi lending protocols.

Binance returned to tokenized stock trading on June 11, nearly five years after it pulled a similar product, this time listing 10 of Ondo Finance’s tokenized US stocks and ETFs on its Binance Alpha platform. “Our users now have even more convenient ways to explore and trade tokenized securities,” said Jeff Li, Binance’s vice president of product. For a wallet outside the US, that means 24/7 exposure to Apple or Tesla that you can also post as collateral in DeFi, no brokerage account required.

Binance Alpha Lists AAPLon, TSLAon And 8 More

Binance listed the tokens on Binance Alpha, an early-access layer inside Binance Wallet that sits apart from the main spot and futures markets.

The lineup includes AAPLon, GOOGLon, TSLAon, NVDAon, and QQQon, mirroring Apple, Google, Tesla, Nvidia, and the Invesco QQQ ETF.

These are Ondo Finance tokens, not Binance’s own.

Ondo already trades the same assets on Gate, Bitget, and MetaMask, so the Binance listing widens distribution rather than launching something new.

Binance first tried tokenized stocks in April 2021, starting with Tesla before adding Coinbase, Microsoft, and Apple, then dropped the line under regulatory pressure.

A Binance spokesperson said the tokens went live through regulatory approval in Abu Dhabi. That matters for access: this is a non-US product, and a self-custody wallet is the cleanest way in.

Hold the token in MetaMask and you hold tokenized Apple exposure that settles on-chain, around the clock.

Ondo Global Markets: $550M Locked, $11B Traded

The scale behind the listing sits with Ondo.

Since launching Ondo Global Markets in September 2025, the platform has crossed $550 million in total value locked and more than $11 billion in cumulative trading volume.

That makes Ondo the biggest single share of a tokenized-equities sector now approaching $1 billion in total value.

Kraken, Bybit, Gemini, and Robinhood have all rolled out their own stock tokens, and Nasdaq and the New York Stock Exchange have floated plans of their own.

Here is the part a DeFi wallet should care about. These are not screenshots of a stock price; they are transferable tokens that the source says can serve as collateral for borrowing in DeFi protocols.

Strip away the exchange branding and the real shift is composability: a tokenized Tesla share that sits in a lending market is something a paper brokerage account can never be.

You can compare how tokenized real-world assets plug into on-chain markets across the wider RWA map.

Ondo, Coinbase And What Comes Next For Stock Tokens

Ondo framed the deal as proof of demand beyond US borders.

“Our partnership with Binance signals the clear continued interest for tokenized stocks outside of the U.S.,” said Ondo President Ian De Bode.

He noted the firm’s tokens already trade on Gate, Bitget, and MetaMask, with Binance adding to that distribution.

The timing is loaded. Coinbase rolled out stock trading to all US users on the same day, pairing it with a Yahoo Finance distribution deal.

The two moves split the market cleanly: Coinbase chasing US retail, Binance and Ondo chasing everyone else.

Binance has been rebuilding its RWA shelf all year, adding Circle’s USYC money market fund, OpenEden’s cUSDO, and a BlackRock tokenized Treasury fund since July 2025.

What to watch now is whether these tokens get deep enough liquidity to be useful as collateral, not just tradable.

A tokenized Apple share is only as good as the lending market that will accept it, and that market is still being built.

Whether tokenized Apple and Tesla become real DeFi collateral or stay a novelty depends on how fast lending markets list them, and the next few months will tell. Binance made the distribution move; what your wallet can actually do with these shares is the part still being written.

Want to see how deep this market already runs? Our look at how Ondo’s tokenized stock catalog stacks up on volume maps where the liquidity actually sits.