Binance bStocks Hits $500 Million in Assets Under Management

Binance's tokenised securities offering, bStocks, has surpassed $500 million in assets under management (AUM), seven weeks after its launch on June 11. The product allows users to access traditional financial markets through a digital experience, with eligible investors able to convert between a bStock and its underlying stock instantly and free of charge.

The growth of bStocks reflects growing demand for tokenised market access as more users explore traditional finance through Binance. According to the company's data, 41.5% of bStocks users began their traditional finance investment journey through tokenised securities on Binance. Gen Z accounts for 44% of bStocks trading activity.

bStocks has expanded from five tickers to more than 46 listings since its launch, adding companies across various sectors such as technology, semiconductors, and clean energy. The product is available alongside spot, equities, and perpetual futures on Binance's platform.