Source: DGAP

Tokens with German-Swiss CM-Equity AG and Digital Asset AG
Binance Launches Stock Tokens with German-Swiss CM-Equity AG and Digital Asset AG (news with additional features)

12th 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.

via DGAP-News: Binance Launches Stock Tokens with German-Swiss CM-Equity AG and Digital Asset AG.