Blockchain IPOs on the Horizon as Tokenized Equity Trading Tops $30B

Binance Founder Changpeng Zhao predicts that initial public offerings (IPOs) will eventually migrate to blockchain infrastructure.

This forecast comes as tokenized equity trading volumes surge, with Binance's bStocks product surpassing $30 billion in cumulative trading volume in just three months.

bStocks provide exposure to the price performance of underlying stocks and are backed one-to-one by actual U.S. equities.

The growth trajectory has been steep, with bStocks reaching $8.7 billion in total volume by late July and $7.4 billion of that occurring in July alone.