#bstockscis quiet milestone that deserves louder attention: bStocks just passed xStocks to become the #2 tokenized-stock issuer in the world, behind only Ondo Finance. 🥈
The numbers, as of this week: bStocks at $610.6M, xStocks (Kraken's product) at $601.2M — a gap of roughly $9M, thin enough that the ranking has flipped back and forth in recent days. Ondo still leads clearly, last tracked near $927M. Less than two months after a June 11 launch, that's second place in a category that includes a competitor with a real head start. 🏁
CZ himself pointed to something simple as the reason: bStocks didn't have to build an audience from scratch, it borrowed Binance's existing crypto user base on day one — a distribution advantage a standalone tokenized-stock platform doesn't get.
Does "fastest to #2" matter more to you than "biggest," or is Ondo's lead the number that actually counts?
@BinanceCIS #bStocksCIS
The numbers, as of this week: bStocks at $610.6M, xStocks (Kraken's product) at $601.2M — a gap of roughly $9M, thin enough that the ranking has flipped back and forth in recent days. Ondo still leads clearly, last tracked near $927M. Less than two months after a June 11 launch, that's second place in a category that includes a competitor with a real head start. 🏁
CZ himself pointed to something simple as the reason: bStocks didn't have to build an audience from scratch, it borrowed Binance's existing crypto user base on day one — a distribution advantage a standalone tokenized-stock platform doesn't get.
Does "fastest to #2" matter more to you than "biggest," or is Ondo's lead the number that actually counts?
@BinanceCIS #bStocksCIS