On-Chain Custody
Another interesting feature is the BNB Chain foundation.
bStocks use BEP-20 tokens, meaning holders can potentially self-custody supported assets instead of treating Binance custody as the only possible setup.
For crypto-native users, this is a familiar concept. The important difference is the underlying asset exposure: tokenization connects a blockchain-based asset with a certificate backed by an underlying stock.
I actually tested this myself with $SPCXB . I bought the position, moved it to my own wallet and tried out the BEP-20 transfers. What I liked is that it doesn’t feel like you’re simply buying a stock inside an exchange — you’re actually interacting with a tokenized asset that can work within the crypto ecosystem.
@BinanceCIS #bStocksCIS
Another interesting feature is the BNB Chain foundation.
bStocks use BEP-20 tokens, meaning holders can potentially self-custody supported assets instead of treating Binance custody as the only possible setup.
For crypto-native users, this is a familiar concept. The important difference is the underlying asset exposure: tokenization connects a blockchain-based asset with a certificate backed by an underlying stock.
I actually tested this myself with $SPCXB . I bought the position, moved it to my own wallet and tried out the BEP-20 transfers. What I liked is that it doesn’t feel like you’re simply buying a stock inside an exchange — you’re actually interacting with a tokenized asset that can work within the crypto ecosystem.
@BinanceCIS #bStocksCIS