Binance has relaunched trading of tokenized U.S. stocks and exchange-traded funds (ETFs) on its Binance Alpha platform. The service, which went live on Monday, is powered by a new partnership with Ondo Finance, a leading provider of tokenized real-world assets.

The relaunch introduces ten prominent assets, including Apple (AAPL), Tesla (TSLA), and Nvidia (NVDA), allowing non-U.S. users to gain exposure to these markets through blockchain-based tokens. Ondo's platform, which already manages over $550 million in tokenized stocks, underpins the offering, ensuring secure and efficient operations. Notably, the service has received regulatory approval from authorities in Abu Dhabi, providing a compliant framework for international participants.

Binance emphasizes user-friendly features, such as zero-fee trading and seamless integration with cryptocurrency wallets, enabling traders to buy, sell, and hold these tokenized assets directly within the Binance ecosystem. However, the exchange has issued clear warnings about the inherent risks: users do not own the underlying shares, and the volatile nature of both crypto and stock markets could lead to substantial losses.