Three terms that shouldn't be mixed together:
Direct Stocks.
bStocks.
TradFi Perpetuals.
Direct stock trading can provide ownership of the underlying shares through the relevant structure.
bStocks are tokenized securities representing an interest in underlying securities, with each bStock backed 1:1 by a corresponding share.
TradFi perpetuals are derivatives that track the price of traditional assets without giving you direct ownership.
Three products.
Three structures.
Three different things to understand.
The label matters.
The mechanics matter more.
@Binance Academy
#Binance #bStocks
Direct Stocks.
bStocks.
TradFi Perpetuals.
Direct stock trading can provide ownership of the underlying shares through the relevant structure.
bStocks are tokenized securities representing an interest in underlying securities, with each bStock backed 1:1 by a corresponding share.
TradFi perpetuals are derivatives that track the price of traditional assets without giving you direct ownership.
Three products.
Three structures.
Three different things to understand.
The label matters.
The mechanics matter more.
@Binance Academy
#Binance #bStocks
