bStocks are not just a stock in a different interface.
When I first looked into bStocks, the feature that caught my attention most was the ability to buy them on Binance.
But there’s a detail that’s easy to overlook.
bStocks operate on BNB Chain as BEP-20 standard tokens.
That means it’s not just a record in a brokerage account. With the right infrastructure, the token can be stored by yourself in your own wallet and used in compatible DeFi applications.
And that’s where, in my opinion, the most interesting part of tokenization begins.
In the traditional model, a stock exists within the stock market infrastructure, and access to it depends on a broker.
With bStocks, the underlying asset remains collateral on a 1:1 basis, but the representation of the asset already takes place in blockchain infrastructure.
At the same time, it’s important not to mix these things up: bStock is a certificate, not direct ownership of the stock. Therefore, the holder does not receive voting rights or other shareholder rights.
I’m curious about something else: if tokenized shares can be moved into blockchain infrastructure, where exactly is the boundary between the traditional stock market and DeFi?#bstockscis #BinanceCIS #bStocksCIS $SPCXB @BinanceCIS $NVDAB
When I first looked into bStocks, the feature that caught my attention most was the ability to buy them on Binance.
But there’s a detail that’s easy to overlook.
bStocks operate on BNB Chain as BEP-20 standard tokens.
That means it’s not just a record in a brokerage account. With the right infrastructure, the token can be stored by yourself in your own wallet and used in compatible DeFi applications.
And that’s where, in my opinion, the most interesting part of tokenization begins.
In the traditional model, a stock exists within the stock market infrastructure, and access to it depends on a broker.
With bStocks, the underlying asset remains collateral on a 1:1 basis, but the representation of the asset already takes place in blockchain infrastructure.
At the same time, it’s important not to mix these things up: bStock is a certificate, not direct ownership of the stock. Therefore, the holder does not receive voting rights or other shareholder rights.
I’m curious about something else: if tokenized shares can be moved into blockchain infrastructure, where exactly is the boundary between the traditional stock market and DeFi?#bstockscis #BinanceCIS #bStocksCIS $SPCXB @BinanceCIS $NVDAB