Binance Lists Tokenized Trump Media Stock as Margin Collateral Asset

Binance has expanded its bStocks product by listing tokenized Trump Media & Technology Group (DJTB) as an eligible margin collateral asset. This move enables users to utilize the value of their DJTB holdings when calculating available margin for leveraged trading accounts.

The feature, which is only accessible to VIP 3 and above customers in permitted jurisdictions, allows users to use DJTB as collateral in Cross Margin, Portfolio Margin, and Portfolio Margin Pro. However, borrowing DJTB itself is not currently supported.

The tokenized security, DJTB, provides economic exposure to Trump Media shares, which trade on Nasdaq under the ticker DJT. Binance describes bStocks as tokenized securities backed by corresponding instruments held by the issuer.