Binance stops stock token sales, ‘effective immediately’

Cointelegraph

Published Jul 16, 2021 06:53AM ET

Updated Jul 17, 2021 09:40AM ET

Binance’s highly popular stock tokens, a relatively recent offering, are being wound down immediately. In an announcement published on Friday, the exchange announced that “effective immediately,” stock tokens are unavailable for purchase on Binance.com. As of October 14, 2021, at 7:55 pm UTC, the exchange will no longer support stock tokens at all.

Existing stock token holders will have some time to adjust:

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