DGAP-News: Binance Launches Stock Tokens with German-Swiss CM-Equity AG and Digital Asset AG
vom 12.04.2021, 13:30 Uhr
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DGAP-News: CM-Equity AG / Key word(s): Cryptocurrency / Blockchain
Binance Launches Stock Tokens with German-Swiss CM-Equity AG and Digital Asset AG (news with additional features)
12.04.2021 / 13:30
12
th April 2021, 1:30pm CET Binance, the global blockchain company behind the world s largest digital asset exchange, today announces the launch of zero commission tradable stock tokens to broaden access across traditional capital and cryptocurrency in cooperation with CM-Equity AG, a licensed investment firm in Germany, and Swiss-based Digital Assets AG, an asset tokenization platform. Each digital token represents one share of equity stock and is fully backed by a depository portfolio of underlying securities that represents the outstanding tokens. Users will be able to trade fractional tokens.