Interesting moment: the market for tokenized stocks starts «collapsing» in one direction.
Previously there were several different wrappers — xStocks, Ondo, and others.
Now Binance has opened up the ability to convert third-party tokenized securities directly into bStocks. And until August 26, you can do it 1:1 with no fees.
It turns out the product is not just growing by itself anymore—it’s starting to attract liquidity from other formats. $NVDAB , $SPCXB , $GMEB and the rest are becoming a kind of «standard» you can switch to.
The question isn’t who launched faster. The question is—who will ultimately gather the bulk of the volume once all these wrappers start overlapping.
What do you think—this is a temporary feature, or the beginning of a more serious consolidation?
@BinanceCIS #bStocksCIS