Bitrue is expanding its lineup of tokenized equity products with the launch of AAPLON and AMZNON, on-chain tokens designed to track the price of Apple and Amazon shares, respectively. The exchange rolled out the products as earnings season kicked into gear, giving crypto users a way to trade exposure to both mega-cap tech names without leaving Bitrue's platform.
Alongside straightforward trading, Bitrue is also offering a staking option for holders of the two tokens. Users who stake AAPLON or AMZNON through Bitrue's flexible staking product can earn a 7% annual percentage rate, giving them a yield-bearing alternative to simply holding the tokenized shares.
Part of a Broader Tokenized-Stock Push
The AAPLON and AMZNON launch follows Bitrue's earlier move to list ten new 3x leveraged stock tokens tied to AI-focused companies, part of a pattern of the exchange steadily broadening its tokenized equities offering. Combining spot exposure to individual stocks with staking yield is a differentiator Bitrue has leaned into as competition among exchanges to offer tokenized real-world assets intensifies.
Related: Bitrue to List 10 New 3x Leveraged Stock Tokens for AI Names
Timed to Big Tech Earnings
The listing arrives during a stretch when both Apple and Amazon, along with other large technology companies, are reporting quarterly earnings — a period that typically brings heightened volatility to their share prices. Tokenized stock products let crypto-native traders position around those earnings moves using the same accounts and collateral they use for other crypto trading, without needing a traditional brokerage account.
Bitrue has not disclosed trading volume figures for AAPLON or AMZNON since launch, and the 7% staking rate is subject to change based on the platform's standard flexible-staking terms.