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Binance Should Introduce Tokenized Berkshire Hathaway Stock

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@reonarudo
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Binance has introduced the first tokenized security for trading on the exchange.

See: https://www.coindesk.com/binance-allows-users-to-trade-tokenized-stock-tokens-starting-with-tesla

This is very cool. I would like to see Binance introduce tokenized Berkshire Hathaway stock next. :)

I would love to hear what Warren Buffett had to say about that.

It would be extremely convenient to sell cryptocurrencies at the end of a bull market and to get into stocks without having to transfer money in and out of platforms. At the end of a subsequent bear market, getting back into crypto could be done with a couple of mouse clicks.

If this is not bullish for BNB, I don't know what is.

Here's a list of assets owned by Berkshire Hathaway:

https://en.wikipedia.org/wiki/List_of_assets_owned_by_Berkshire_Hathaway

These are primarily not tech companies, although Apple is a big chunk of the whole. Berkshire Hathaway also has a very large cash position, which means that its stock should be somewhat shielded from stock market fluctuations. At the end of last year, it had $138 billion worth of cash and short term investments while its market cap was a little north of half a trillion dollars.

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