Binance tokenized stocks surpass $1 billion as trading volume tops $40 billion

The tokenized US equities platform has grown tenfold since its first major milestone, and Binance says $10 billion may be next Binance’s tokenized stock platform, bStocks, now holds more than $1 billion in assets under management . Users have also converted over $6 billion between bStocks tokens and the US shares that back them. The tokens are backed 1:1 by underlying US shares held with regulated custodians. Every token on the chain maps to an actual share sitting in custody somewhere. The product covers both tokenized US stocks and exchange-traded funds. Binance charges no conversion fees for moving between the tokens and the underlying assets. Binance’s figures later put AUM at approximately $888 million before the platform pushed past the $1 billion line. Collateral use.

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