Binance's Tokenized Stocks Surpass Half Billion Dollars in Assets Under Management
bStocks, a tokenized securities offering by Binance, has reached $500 million in assets under management (AUM) just seven weeks after its June 11 launch. The platform's growth reflects increasing demand for tokenized market access among users who are familiar with digital assets.
According to Binance data, the majority of bStocks users began their traditional finance investment journey through tokenized securities on Binance, with 41.5% of users taking this path. Furthermore, Gen Z accounts for 44% of bStocks trading activity, making it the largest participating age group.
The product's success also extends to non-traditional market hours, with bStocks accounting for 58% of equity-linked trading volume on Binance outside U.S. market hours. This trend was evident during the most recent weekend alone, when bStocks recorded $2 billion in trading volume.