Binance Launches Spot Trading of 5 Tokenized Stocks Including Microsoft and Meta

Binance has initiated spot trading of five tokenized stocks based on U.S. dollar stablecoin USDT, including Microsoft (MSFTB), Meta (METAB), Palantir (PLTRB), Lumen (LITEB), and Invesco QQQ Trust (QQQB). This move aligns with the influx of liquidity into the real-world assets (RWA) sector, with Binance Research noting that its RWA derivatives trading volume accounts for 55.7% of global activity. Tokenized stock trading volumes have shown significant volatility, reaching 4–21 times higher than traditional stock platforms on crypto exchanges. The market has rapidly expanded, with crypto RWA derivatives trading volume reaching $34.71 billion in May 2026, surpassing annual 2025 records. NVIDIA and Tesla dominated the secondary market, while Micron Technology's trading volume surged to $13.16 billion. However, tokenized stocks via bStocks are classified as deposit certificates, lacking voting rights or ownership, and traders bear credit and operational risks without access to underlying assets in case of platform failures.