Binance Allows Users to Trade Tokenized Stock Tokens Starting With Tesla

[Tanimariya]

Users will be able to purchase as little as one-hundredth of a Tesla share, with prices settled in Binance USD (BUSD).
Cryptocurrency exchange Binance is allowing its users to buy fractions of companies’ shares with a new tokenized stock trading service, starting with Tesla.

The crypto exchange announced Monday the launch of Binance Stock Tokens, zero-commission digital tokens that qualify holders for returns including dividends.
As of 1:35 p.m. UTC (9:35 a.m. ET) April 12, users will be able to buy fractions of actual Tesla shares, which trade at $677 a share at the time of writing.
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