Binance Tokenized Stocks Hit $500 Million Milestone
Binance's tokenized securities offering, bStocks, has reached $500 million in assets under management (AUM) just seven weeks after its launch on June 11. The milestone reflects growing demand for tokenized market access as more users explore traditional financial markets through Binance.
The product has expanded from five tickers to over 46 listings, providing eligible users with 24/7 access to tokenized securities and instant conversion between a bStock and its underlying stock.
According to Binance data, 41.5% of bStocks users began their traditional finance investment journey through tokenized securities on Binance, while Gen Z accounts for 44% of bStocks trading activity, making it the largest participating age group.