#bstockscis There is one special feature of Binance bStocks that is especially interesting for the crypto community: it’s not just a familiar tool for trading stocks.
bStocks run on BNB Chain in the BEP-20 format. This means that, in supported scenarios, the asset can be held not only within the exchange, but also used via your own Web3 wallet and compatible DeFi applications.
For me, this is an intriguing combination of two worlds. On the one hand, exposure to traditional companies and the stock market; on the other, blockchain infrastructure and the ability to manage your assets yourself.
It creates a rather unusual model: a stock as a basic financial asset, but access to it is provided through the cryptocurrency infrastructure.
I think that’s exactly the kind of products that show how strongly the boundary between traditional finance and Web3 is gradually fading.
What do you think—will we come to view tokenized stocks in the future just as naturally as we do cryptocurrencies today?
@BinanceCIS #bStocksCIS
bStocks run on BNB Chain in the BEP-20 format. This means that, in supported scenarios, the asset can be held not only within the exchange, but also used via your own Web3 wallet and compatible DeFi applications.
For me, this is an intriguing combination of two worlds. On the one hand, exposure to traditional companies and the stock market; on the other, blockchain infrastructure and the ability to manage your assets yourself.
It creates a rather unusual model: a stock as a basic financial asset, but access to it is provided through the cryptocurrency infrastructure.
I think that’s exactly the kind of products that show how strongly the boundary between traditional finance and Web3 is gradually fading.
What do you think—will we come to view tokenized stocks in the future just as naturally as we do cryptocurrencies today?
@BinanceCIS #bStocksCIS