Binance Wallet and PancakeSwap have introduced Pre-Access campaigns selling tokenized exposure to private companies before they list publicly. The first project has not been named yet. The launch extends a year of exchange expansion into traditional assets.
Binance has added stock trading, tokenized equities, and pre-IPO derivatives. Demand for on-chain versions of stocks and private shares has pulled several venues in the same direction. Robinhood and Kraken both offer tokenized stock products.
Binance has since moved across the same ground, starting with derivatives. In May, it listed perpetual futures giving users exposure to high-profile private companies ahead of their initial public offerings (IPOs). The first of those contracts was SPCXUSDT, tied to SpaceX.
That company has since completed its Nasdaq listing. Binance opened US equities trading on June 1. bStocks followed on June 12. Demand justifies the pivot.
The number of tokenized stockholders reached 3.7 million on September 19, a record, after rising 86% over 30 days. Distributed value also reached a record of over $3 billion, according to RWA.xyz. Follow us on X to get the latest news as it happens Pre-Access campaigns are the latest addition.
Allocations rest on three inputs. Higher Alpha Points and a higher bStocks on-chain tier both increase allocation size, while Trencher Badge holders receive an extra allocation. PancakeSwap sets the final rules, according to Binance's disclosure.
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