Binance is betting on tokenized stocks with the launch of bStocks


Binance: In a big step towards expanding access to stock trading, Binance has announced the launch of a new securities product. The exchange, issued by Binance subsidiary BTech Holdings Ltd, has launched bStocks.

This launch comes after obtaining regulatory approval for the prospectuses by the Financial Services Regulatory Authority of the Abu Dhabi Global Market (ADGM). The tokens are issued by BTech Holdings Limited, and are regulated as certificates of select US stocks and ETFs, Binance said.

What are Binance bStocks shares?

The move marks the cryptocurrency exchange’s latest move into the stock market after recently introducing US stock trading. And it was beyond that It expanded its offerings to include Perps ahead of its IPO Including SpaceX and OpenAI.

Now in simple terms, bStocks are tokens built on blockchain technology that track the value of real US stocks. Each token is backed 1:1 by an underlying share held by a regulated custodian, meaning each bStock has a corresponding physical share behind it. Instead of buying and holding shares through a traditional brokerage account, eligible users can trade these token issues on Binance.

According to Binance Official blogUsers can transfer them to compatible crypto wallets, and possibly use them via supported DeFi apps. Binance says users can also transfer between supported stocks and bStocks at a 1:1 ratio. It allows fractional ownership starting from $5 making the product accessible to small investors. The company also indicated that corporate actions such as stock splits and dividend-related adjustments will be handled automatically.

As of now, Binance has offered tokenized versions of popular stocks including Nvidia, Tesla, Circle, Micron Technology, and Sandisk.

Binance also said SpaceX (SPCXB/USDT) is set to go public once the company is publicly listed on the Nasdaq.

To encourage early trading, Binance is offering zero fees on initial bStocks pairs for a limited time. The promotion runs until August 31, 2026, with different start times depending on the pair.

Binance also stressed that bStocks are not stocks or shares. It does not give its holders direct ownership in the underlying company, and is only available to qualified users in permitted jurisdictions. However, the exchange has not launched bStocks in the US or for US persons.

Promoting token stock trading

The launch also comes at a time when interest in tokenized shares is gaining momentum across the cryptocurrency industry.

Other articles…

Data from RWA.xyz shows that token shares now represent more than $1 billion in on-chain value. Monthly trading and transfer activity exceeded $2 billion. The market has attracted nearly 190,000 holders, as investors increasingly seek blockchain-based access to traditional financial assets.

The growing anticipation around SpaceX’s public listing has provided bullish momentum for it. In just days, SpaceX participates in the Binance Wallet IPO It saw $557 million in funding.

Why trust CoinGape: CoinGape has been covering the cryptocurrency industry since 2017, with the aim of providing useful insights to our readers. Our journalists and analysts have years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following us Editorial policyOur writers verify every source, fact-check every story, rely on reputable sources, and properly attribute quotes and media. We also follow strict Review methodology When evaluating exchanges and instruments. From emerging blockchain projects and coin launches to industry events and technology developments, we cover all aspects of the digital asset space with an unwavering commitment to timely, relevant information.

Investment Disclaimer: The content reflects the author’s personal views and current market conditions. Please do your own research before investing in cryptocurrencies, as neither the author nor the publication accepts responsibility for any financial losses.

Advertisement disclosure: This site may contain sponsored content and affiliate links. All ads are clearly labeled, and advertising partners have no influence on our editorial content.





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *