What makes bStocks interesting? ๐ค
Itโs not only about putting traditional stocks on the blockchain.
bStocks also come with features designed around the flexibility of digital assets. ๐
๐ฅ 1:1 Backed
bStocks are backed 1:1 by real underlying shares, with Proof of Collateral available.
๐ธ No Transfer Fees
There are no fees for tokenizing eligible stocks or converting them back, while standard Spot trading fees may still apply.
๐ฐ Faster Dividend Reinvestment
Eligible dividends are automatically reinvested on the ex-date, instead of waiting for the traditional payment date.
๐ 24/7 Trading
Unlike traditional stock markets, bStocks can be traded 24/7, including weekends and holidays, with instant settlement.
For me, this is what makes tokenized securities interesting: they bring some of the flexibility of blockchain to traditional financial markets. ๐
#Binance #bStocks #TradFi #Tokenization #Crypto
Itโs not only about putting traditional stocks on the blockchain.
bStocks also come with features designed around the flexibility of digital assets. ๐
๐ฅ 1:1 Backed
bStocks are backed 1:1 by real underlying shares, with Proof of Collateral available.
๐ธ No Transfer Fees
There are no fees for tokenizing eligible stocks or converting them back, while standard Spot trading fees may still apply.
๐ฐ Faster Dividend Reinvestment
Eligible dividends are automatically reinvested on the ex-date, instead of waiting for the traditional payment date.
๐ 24/7 Trading
Unlike traditional stock markets, bStocks can be traded 24/7, including weekends and holidays, with instant settlement.
For me, this is what makes tokenized securities interesting: they bring some of the flexibility of blockchain to traditional financial markets. ๐
#Binance #bStocks #TradFi #Tokenization #Crypto
