Binance's Tokenized Stocks Hit $500 Million in AUM
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 product allows users to buy and sell tokenized versions of traditional stocks, providing 24/7 access and instant conversion between the token and its underlying stock.
The success of bStocks reflects growing demand for tokenized market access as more crypto-native investors explore traditional financial markets through Binance. Early data indicates that 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.
bStocks is available alongside spot, equities and perpetual futures as part of Binance's integrated investment ecosystem. Eligible users can also convert between a bStock and its corresponding underlying stock instantly and free of charge in either direction. The product has expanded from five tickers to more than 46 listings since launch, adding companies across various sectors.