Binance Launches bStocks for Direct Blockchain Access to Fully-Backed U.S. Securities
Binance has launched bStocks, a feature that allows users to hold and trade fully-backed, tokenized U.S. securities as BEP-20 tokens on the BNB Chain.
Each bStock is backed 1:1 by an underlying U.S. stock held at a regulated custodian with regulatory approval from the ADGM Financial Services Regulatory Authority.
The launch enables 24/7 trading of select U.S. stock exposure through Binance, fractional ownership starting from $5, and the ability for users to self-custody tokens in compatible blockchain wallets.