PancakeSwap Brings BNB Chain to Traditional Markets with 10 New Tokenized Stocks
PancakeSwap has added ten tokenized stocks to its platform on BNB Chain, expanding access to real-world assets (RWA) in decentralized finance. The new bStocks include technology and semiconductor companies like Netflix and ASML Holding.
The bStocks are 1:1 backed by US stocks in regulated custody, allowing users to trade these assets without operational interruptions. This is a move that aligns with the trend of bringing real-world assets onchain, making it easier for participants to trade equity fractions using cryptocurrencies and smart contracts.
The technical integration of bStocks on BNB Chain enables tokenized stocks to be traded, integrated into lending protocols, and provide liquidity. The dynamics of dividends and stock splits are managed programmatically on the network through a mechanism called Multiplier.