Traditionally, buying and selling stocks comes with limitations: restricted market hours, multi-day settlement periods, and reliance on centralized brokerages for custody. Tokenization offers a way to address some of these constraints by representing traditional financial instruments as blockchain-based tokens.

bStocks are tokenized securities available on Binance that allow users to gain exposure to US stocks through blockchain technology. Each bStock is backed 1:1 by a corresponding US share held at a regulated custodian.

bStocks are tokenized securities issued by BTech Holdings Limited, a Binance group affiliate. They are classified as Certificates representing certain Financial Instruments (paragraph 92, Schedule 1 to FSMR) and represent an interest in underlying securities held by the issuer.

It's important to note that bStocks are not direct ownership of shares in the underlying company. Rather, they provide exposure to the price performance and economic benefits of the underlying stock, such as dividend reinvestment. Every bStock is fully backed by a real US share held at a regulated custodian. This backing is verifiable at any time through Binance's Proof of Collateral page.

How Do bStocks Work?

24/7 trading and instant settlement

Unlike traditional stock exchanges that operate during set market hours, bStocks can be traded around the clock on Binance's spot market. Transactions settle in under a second, eliminating T+1 settlement windows and the need to wait for the next market session.

1:1 backing and conversion

Each bStock is backed 1:1 by the corresponding US share held at a regulated custodian. Eligible users can convert between stocks and the corresponding bStocks at a 1:1 ratio with no conversion fees. This service is arranged by Nest Trading Limited and is generally available 24/7, though it may be paused temporarily during corporate action processing or maintenance.