Binance and OKX are exploring tokenized US stocks to provide stock market exposure to users around the world.
Tokenized equity products allow crypto traders to track U.S. stocks globally without a traditional brokerage account.
Regulatory hurdles remain significant before trading in tokenized U.S. stocks can expand globally across markets.
Major crypto exchanges such as Binance and OKX are preparing to launch tokenized US stock products to allow users around the world to easily access US stocks through crypto-based tokens.
The move brings U.S. stocks to the crypto platform, allowing users to easily trade U.S. stocks and potentially bringing traditional finance and digital assets together.
Explore Binance, OKX tokenized stocks
According to Crypto reporter Yueqi Yang, major crypto exchanges such as Binance and OKX are considering or actively working on plans to introduce tokenized versions of US stocks.
These products do not represent direct ownership of stocks. Instead, it plans to offer price exposure to popular US companies through blockchain-based tokens. This allows users to track stock price movements without opening a traditional brokerage account.
On the other hand, tokenized stocks could also attract a new group of users who want exposure to US stocks but prefer crypto platforms.
New: Binance and OKX are considering introducing tokenized stocks.
Other exchanges such as Kraken and Bitget have already gained traction with their equity token offerings.
The two largest equity token providers are Ondo Finance and Kraken’s xStocks
I checked the latest… pic.twitter.com/mwv3jZMfhN
— Yueqi Yang (@Yueqi_Yang) January 23, 2026
How tokenized stocks work
Tokenized stocks are digital tokens that reflect the price of real-world stocks. These are typically backed by actual shares held by a regulated custodian, or structured financial instruments.
However, companies such as Ondo Finance and Kraken’s xStocks already provide the necessary systems for these tokens. These help link regular stocks to the blockchain network.
Because tokenized stocks use blockchain, they can be traded 24/7, settle more quickly, and are more accessible than regular stock markets that only function within set hours.
Key hurdles to maintaining regulation
Regulation remains a major challenge for tokenized stocks. Binance initially offered equity tokens in 2021, but suspended the service due to regulatory pressure.
The Information reports that major cryptocurrency exchanges want to offer tokenized versions of U.S. stocks to be traded around the world.
Binance is considering bringing back equity tokens after deprecating them in 2021. That would create more stock-like trading outside of normal US market hours… pic.twitter.com/KJ3AtvrGFa
— Wall Street Engine (@wallstengine) January 23, 2026
These products are subject to securities laws in various countries and can be complex. Therefore, Coinbase CEO Brian Armstrong called for changes that would allow some tokenized stocks to follow simpler rules rather than full securities laws.
If successful, this could bring traditional finance and cryptocurrencies closer together, giving investors around the world easier access to U.S. markets.
For investors around the world, especially those in regions with limited access to the US market, tokenized stocks offer an easy way to track US stocks.
