Binance bStocks Surpasses $500 Million in Just Seven Weeks
Binance’s tokenized stock product, bStocks, topped $500 million in assets under management (AUM) on July 28, only seven weeks after launch. The rapid rise reinforces bStocks’ leadership in the tokenized stock space, capturing 85% of DEX trading volume and 27% of market capitalization. The growth also points to increasing investor interest in accessing traditional equities through crypto-native products.
#FOMCWatching #WallStreetSellsSpaceXLinkedProducts
Binance’s tokenized stock product, bStocks, topped $500 million in assets under management (AUM) on July 28, only seven weeks after launch. The rapid rise reinforces bStocks’ leadership in the tokenized stock space, capturing 85% of DEX trading volume and 27% of market capitalization. The growth also points to increasing investor interest in accessing traditional equities through crypto-native products.
#FOMCWatching #WallStreetSellsSpaceXLinkedProducts