bStocks are interesting not only because of the stock itself. What’s especially interesting is what happens to it after tokenization.

In a traditional financial system, a share exists within the infrastructure of brokers, exchanges, custodians, and settlement systems.

bStocks use a different format.

Each bStock is backed 1:1 by a corresponding U.S. share that is held by a regulated custodian. The bStock itself is a BEP-20 token on the BNB Smart Chain.

And this is where properties appear that look unusual for a traditional share:

→ trading on Binance Spot is available 24/7
→ bStocks can be withdrawn to a compatible BNB Smart Chain wallet
→ tokens can be used in DeFi
→ fractional exposure to U.S. stocks available from $5.

But there is a fundamental difference:

A bStock does not mean direct ownership of the stock.

It is a tokenized financial instrument that provides exposure to the price and economic characteristics of the underlying share.

So the main story here isn’t even “stocks on the blockchain.”

It’s broader:

traditional financial assets get a new technological layer.

And this is exactly the direction where TradFi × blockchain will be interesting to watch next.