Binance bStocks AUM tops $1 billion—tokenized U.S. stocks hit the mark in about four months.
Launched on June 11, with nearly 100 stocks available; cumulative trading volume reportedly topped $40 billion, averaging around $300 million+ per day. The underlying stocks can be redeemed at a 1:1 ratio, with about $6 billion in conversions. rwa.xyz puts the market size at around $1.2 billion, placing it among the top tokenized stock platforms.
The SJTU/NTU framework says “RWA is all about redemption rights”: these aren’t phantom stocks, but exposure that can be redeemed—though the prospectus also says “they are not the stocks themselves.” Only available in eligible jurisdictions; U.S. persons can’t access them. Read the details for yourself.
What’s your take on tokenized stocks?
Reply 1: Bullish—TradFi is moving on-chain faster
Reply 2: Bearish—legal rights are still unclear
Reply 3: Wait and see—let’s first see whether redemptions go smoothly
$BTC #币安广场 #RWA #TokenizedStocks
Launched on June 11, with nearly 100 stocks available; cumulative trading volume reportedly topped $40 billion, averaging around $300 million+ per day. The underlying stocks can be redeemed at a 1:1 ratio, with about $6 billion in conversions. rwa.xyz puts the market size at around $1.2 billion, placing it among the top tokenized stock platforms.
The SJTU/NTU framework says “RWA is all about redemption rights”: these aren’t phantom stocks, but exposure that can be redeemed—though the prospectus also says “they are not the stocks themselves.” Only available in eligible jurisdictions; U.S. persons can’t access them. Read the details for yourself.
What’s your take on tokenized stocks?
Reply 1: Bullish—TradFi is moving on-chain faster
Reply 2: Bearish—legal rights are still unclear
Reply 3: Wait and see—let’s first see whether redemptions go smoothly
$BTC #币安广场 #RWA #TokenizedStocks