bStocks launched just a few months ago and it already holds around a quarter of the tokenized stock market.
Tokenized stocks were at $678M at the start of 2026. By September, that had reached $3.15B, more than 4x in nine months, per The Block Research.
@binance launched bStocks on June 11. Three months later, it was sitting at around $800M.
The volume backs it up too. $35.8B in cumulative trading volume, with about 70% of it happening on-chain.
Since September 21, bStocks can also be used as collateral across eligible margin accounts, and users can run basis strategies alongside Binance’s equity perps on the same venue.
The audience was already there as well. Tokenized stock holders hit 3.77M by September, around 82% of all RWA holders.
That’s where Binance’s existing setup comes in. It already had the trading users, plus @BinanceWallet and @BNBCHAIN connecting them to DeFi. So bStocks plugged into that instead of building distribution from scratch. It helps explain how a June launch took roughly a quarter of a market that grew more than 4x this year.
Putting a stock on-chain is only step one. The real pull comes from what you can do with it after: trade it, use it as collateral and connect it to the wider on-chain economy.
Tokenized stocks were at $678M at the start of 2026. By September, that had reached $3.15B, more than 4x in nine months, per The Block Research.
@binance launched bStocks on June 11. Three months later, it was sitting at around $800M.
The volume backs it up too. $35.8B in cumulative trading volume, with about 70% of it happening on-chain.
Since September 21, bStocks can also be used as collateral across eligible margin accounts, and users can run basis strategies alongside Binance’s equity perps on the same venue.
The audience was already there as well. Tokenized stock holders hit 3.77M by September, around 82% of all RWA holders.
That’s where Binance’s existing setup comes in. It already had the trading users, plus @BinanceWallet and @BNBCHAIN connecting them to DeFi. So bStocks plugged into that instead of building distribution from scratch. It helps explain how a June launch took roughly a quarter of a market that grew more than 4x this year.
Putting a stock on-chain is only step one. The real pull comes from what you can do with it after: trade it, use it as collateral and connect it to the wider on-chain economy.