Binance bStocks Surges to $8.8 Billion Monthly Trading Volume
Binance's bStocks has taken the lead in the tokenized stocks market, capturing over 85% of tokenized equity DEX volume in July with a monthly trading volume of $8.8 billion.
This surge is largely due to the introduction of 24/7 trading and zero-fee incentives on Binance's bStocks platform, which has allowed investors and traders to convert real shares to tokens with ease.
The platform has seen significant growth since its launch in June, with tokenized stocks reaching $620.4 million and tokenized assets on BNB Chain hitting a record $19 billion in July.