Binance bStocks Surpasses xStocks as Second-Largest Tokenized Stock Issuer

Binance's bStocks has surpassed xStocks to become the world's second-largest tokenized stock issuer, according to data from Token Terminal. The platform now holds approximately $610.6 million in tokenized assets.

This milestone marks an important achievement for Binance's tokenized asset initiative and reflects growing demand for blockchain-based versions of traditional equities.

Ondo remains the largest issuer in the market, with roughly $927 million in tokenized stock value. The growing gap between leading platforms and increasingly competitive positions like Binance bStocks illustrates the rapid development of the tokenized securities sector.