Myth: Custody
“Tokenized stock means questionable custody” is too simplistic.
bStocks are backed 1:1 by underlying shares held by the issuer, while the token itself exists on BNB Chain. Token supply can also be checked against issuer holdings through proof-of-collateral mechanisms.
And I’ve actually tested the self-custody side myself. I bought tokenized SpaceX shares - $SPCXB - and withdrew them directly to my own wallet.
So for me, this isn’t just a theoretical feature. I was able to move my SPCXB tokens from the exchange to my own wallet and hold them on-chain.
The right question is not whether the asset is tokenized, but how the collateral and custody structure actually work.
Have you bought any tokenized stocks yet? Maybe $NVDAB or $TSLAB ? 👀
@BinanceCIS #bStocksCIS
“Tokenized stock means questionable custody” is too simplistic.
bStocks are backed 1:1 by underlying shares held by the issuer, while the token itself exists on BNB Chain. Token supply can also be checked against issuer holdings through proof-of-collateral mechanisms.
And I’ve actually tested the self-custody side myself. I bought tokenized SpaceX shares - $SPCXB - and withdrew them directly to my own wallet.
So for me, this isn’t just a theoretical feature. I was able to move my SPCXB tokens from the exchange to my own wallet and hold them on-chain.
The right question is not whether the asset is tokenized, but how the collateral and custody structure actually work.
Have you bought any tokenized stocks yet? Maybe $NVDAB or $TSLAB ? 👀
@BinanceCIS #bStocksCIS