Multiple sources have confirmed that Binance Labs recently led an investment in a cryptocurrency stock platform, which is expected to launch a product in the near future and announce a fundraising.
The coin stock platform was founded by a well-known traditional VC responsible for Web3 investment, and its stock tokens will circulate on the BNB chain.
The mode is to cooperate with a compliant brokerage, when users use the stablecoin chain to buy and sell stock tokens, they will also get weekly and monthly statements from the brokerage, and can apply for physical stock redemption.
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