đđ TradFi is gradually moving On-Chain with Binance! â
Many people call bStocks âU.S. stocks on Binanceâ but thatâs not the most important part. The real value of bStocks is that Binance is opening up a new way to access traditional assets within Web3. âïž Backed 1:1 by real stocks held with a regulated custodian, with collateral independently verifiable through Proof of Collateral. âïž Trade 24/7 on Binance Spot, hold on the platform or withdraw to a BNB Chain wallet. âïž Direct Stocks can be converted into bStocks at a 1:1 ratio (For eligible assets). âïž Listed on the official FSRA (ADGM) list, issued under an approved prospectus. âĄïž The journey is simple: USDT â bStocks â BNB Chain â DeFi âĄïž But one distinction is important: bStocks â direct stock ownership. You get economic exposure to the underlying asset but you do not own the company directly or receive traditional shareholder rights. Overall, bStocks show how traditional financial assets are gradually becoming more accessible within the On-Chain ecosystem. It will be interesting to see how this model evolves and how TradFi and DeFi continue to converge. đ
