🚨 Binance adds 7 more tokenized stocks. What’s going on?
Imagine you open Binance — and see not only cryptocurrencies, but also tokenized stocks from companies like Adobe, Zoom, and Hewlett Packard. 👀
That’s exactly what’s expanding right now.
On September 30, Binance announced the addition of 7 bStocks as collateral assets for margin trading:
🔹 Adobe — ADBEB
🔹 Zoom — ZMB
🔹 Hewlett Packard — HPEB
🔹 PDD Holdings — PDDB
🔹 Wendy’s — WENB
🔹 Forward Industries — FWDIB
🔹 SharonAI — SHAZB
These tokenized securities also receive the corresponding trading pairs on Binance.
But there’s an important nuance ⚠️
bStocks are available only to users in permitted jurisdictions, and specifically this ability to use them as collateral has additional restrictions, including for certain VIP tiers.
And it’s interesting not only because of those 7 stocks themselves.
Lately, Binance has been actively developing the direction where traditional financial assets are gradually moving onto the blockchain. In its material, Binance directly describes the movement of IPOs, trading, and stock settlements on-chain.
🤔 And now the interesting question:
If you could conveniently buy tokenized stocks and cryptocurrency on Binance in one place, what would you choose?
1️⃣ Cryptocurrency
2️⃣ Stocks
3️⃣ Both
4️⃣ For now, I’d just watch 👀
#BİNANCE #BİNANCESQUARE #crypto #stocks #BStocks
Imagine you open Binance — and see not only cryptocurrencies, but also tokenized stocks from companies like Adobe, Zoom, and Hewlett Packard. 👀
That’s exactly what’s expanding right now.
On September 30, Binance announced the addition of 7 bStocks as collateral assets for margin trading:
🔹 Adobe — ADBEB
🔹 Zoom — ZMB
🔹 Hewlett Packard — HPEB
🔹 PDD Holdings — PDDB
🔹 Wendy’s — WENB
🔹 Forward Industries — FWDIB
🔹 SharonAI — SHAZB
These tokenized securities also receive the corresponding trading pairs on Binance.
But there’s an important nuance ⚠️
bStocks are available only to users in permitted jurisdictions, and specifically this ability to use them as collateral has additional restrictions, including for certain VIP tiers.
And it’s interesting not only because of those 7 stocks themselves.
Lately, Binance has been actively developing the direction where traditional financial assets are gradually moving onto the blockchain. In its material, Binance directly describes the movement of IPOs, trading, and stock settlements on-chain.
🤔 And now the interesting question:
If you could conveniently buy tokenized stocks and cryptocurrency on Binance in one place, what would you choose?
1️⃣ Cryptocurrency
2️⃣ Stocks
3️⃣ Both
4️⃣ For now, I’d just watch 👀
#BİNANCE #BİNANCESQUARE #crypto #stocks #BStocks