Binance did something «exchange-like» today: bStocks as leveraged collateral is no longer limited to VIP 3+.
According to an official announcement (from PANews / ChainCatcher on the front line), eligibility has been expanded to all users’ full-position leverage accounts and unified margin accounts. Regular users, VIP 1, and VIP 2 who want to use bStocks as collateral or for leveraged trading must first pass a suitability assessment. If an account hits a risk threshold—switching to more bStocks, opening new futures positions, adjusting leverage, and actions like automatic top-ups will be restricted—then once risk falls, they will be automatically resumed. VIP 3 and above are not subject to this extra risk control.
English media talking points also added another quantitative phrase: since launching in June, bStocks’ cumulative trading volume has surpassed $30 billion (in less than 90 days). TheBitTimes / Blockchain Reporter wrote it that way too.
My take: tokenized stocks truly become "practical"—not because you can just keep trading US stocks after hours again—but because positions and collateral don’t need to be split into two separate mental models. Lowering the threshold is a signal of product maturity; amplifying leverage is too. Don’t confuse "usable" with "should be used to the max."
Supported assets, discount rates, and maximum borrowable amounts—follow Binance’s official list. This does not constitute investment advice.