Binance Will No Longer Support Tokenized Shares
Bitcoin exchange Binance announced the end of support for tokenized shares from October 14th, 2021.
The company said that it is very important for them to keep up with the development of the cryptocurrency ecosystem. Therefore, Binance continually evaluates its own products and works with partners to meet user needs.
The decision to end support for tokenized shares was made due to the company’s desire to shift its commercial focus to other products.
Users must close all positions within 90 days. And on October 15 it will happen automatically.
Earlier, the Binance Smart Chain Fund (BSC) became one of the investors in the new gaming platform Gala Games, aimed at storing in-game items and non-fungible tokens (NFT). Also in Gala Games, users will be able to directly sponsor game development through the purchase of in-game items.