Binance Has a Revenue-Sharing Deal With Alpaca for Tokenized Stocks — Here's What That Means

WHY IT MATTERS

Imagine you could buy a tiny digital version of a Tesla or Apple stock directly on a crypto exchange — that's what tokenized stocks are. But someone still needs to actually hold the real stock behind the scenes, and that's where companies like Alpaca come in. This news reveals that Binance shares revenue with Alpaca for providing that service. Think of it like a restaurant (Binance) disclosing its deal with a food supplier (Alpaca) — it shows how the business actually works behind the scenes. For everyday users, this kind of transparency matters because it helps you understand who's involved when you trade these products and whether there's a real, regulated company backing up what you're buying.