Binance Introduces Ondo Tokenized Securities on Alpha Platform

According to the announcement from Binance, Ondo tokenized securities are now accessible on Binance Alpha, offering users a seamless trading experience. This integration allows users to leverage the familiar interface of Binance Exchange while exploring the innovative realm of on-chain assets. Key features include direct access to on-chain tokenized securities using centralized exchange (CEX) funds, low trading fees, and a limited-time waiver on gas fees for placing and canceling orders. The platform supports flexible trading modes, including Market Orders for immediate execution and Limit Orders. Additionally, users can earn Binance Alpha Points with each trade or by holding Ondo Tokenized Securities. These points can be used to unlock exclusive access to campaigns and events such as airdrops, Token Generation Events (TGEs), and Prime Sales. Tokenized securities are digital securities designed to mirror the price performance of traditional stocks or ETFs on-chain. While they offer exposure to the price movements of the underlying assets, they do not provide all shareholder rights, such as voting rights. Ondo Tokenized Securities are issued by Ondo, a blockchain-based platform focused on tokenizing real-world assets like securities and ETFs. These securities are classified as Structured Products under FSRA regulations and are available to users via Binance Alpha. To purchase Ondo Tokenized Securities on Binance Exchange, users should navigate to the 'Markets' section on the homescreen, click on the 'Alpha' tab, and select the 'Tokenized Securities' section. After selecting a tokenized security, users can click 'Trade' to buy. Purchased tokenized securities will be available under 'Assets' > 'Alpha'. It is important to note that tokenized securities are not issued by Binance but by third-party providers. They are subject to high market and liquidity risk and price volatility, particularly outside traditional market hours. Users are advised to make independent assessments of the appropriateness of transactions in light of their own objectives and circumstances, including the risks and potential benefits.