Binance bStocks Captures 27% of Tokenized Equities Market in Just Seven Weeks
Binance's bStocks platform has experienced rapid growth since its launch seven weeks ago. The platform now holds more than $599 million in assets under management (AUM), surpassing xStocks and taking second place among the world's largest tokenized equities platforms.
The AUM grew from $5.6 million on day one, with the number of available tokenized stocks expanding from five to over 46 during this period.
Binance holds a significant share of the global tokenized equities market, reaching 27% in just seven weeks.
According to Binance data, the growth of bStocks is largely driven by new investors. A substantial 41.5% of users made their first investment in traditional financial assets (TradFi) via tokenized securities on Binance.
This includes a significant presence from Gen Z traders, who account for 44% of all bStocks trading activity.