Binance bStocks Hit $1B in Just Four Months
Binance’s tokenized stock platform, bStocks, has surpassed $1 billion in assets under management just four months after launch, making it the fastest tokenized equity product to reach this milestone, according to Binance.
The platform has grown from just 5 assets to nearly 100 U.S. stocks and ETFs. Each token is backed 1:1 by the underlying security, and users can trade around the clock, even when traditional U.S. stock markets are closed.
One key detail stands out: around 62% of bStocks trading volume in July took place outside regular U.S. market hours. Since launch, the platform has also recorded over $40 billion in total trading volume.
This growth highlights the rising demand for tokenized stocks and the potential of blockchain technology to make traditional financial markets more accessible.
$BTC $ETH #Macro Insights#
Binance’s tokenized stock platform, bStocks, has surpassed $1 billion in assets under management just four months after launch, making it the fastest tokenized equity product to reach this milestone, according to Binance.
The platform has grown from just 5 assets to nearly 100 U.S. stocks and ETFs. Each token is backed 1:1 by the underlying security, and users can trade around the clock, even when traditional U.S. stock markets are closed.
One key detail stands out: around 62% of bStocks trading volume in July took place outside regular U.S. market hours. Since launch, the platform has also recorded over $40 billion in total trading volume.
This growth highlights the rising demand for tokenized stocks and the potential of blockchain technology to make traditional financial markets more accessible.
$BTC $ETH #Macro Insights#