Binance Brings Tokenized Securities Pairs for Salesforce and Hims & Hers Health

Binance has announced it will add tokenized securities pairs tied to Salesforce and Hims & Hers Health to its Spot trading platform. The exchange will introduce CRMB (Salesforce) and HIMSB (Hims & Hers Health) bStocks, which are certificates representing specified financial instruments.

The bStocks do not directly represent ownership of the underlying companies' shares, but rather a certificate that can be exchanged one-to-one for a corresponding share without a conversion fee. Binance plans to offer two USDT pairs: CRMB/USDT and HIMSB/USDT.

The exchange will also activate Spot algorithmic trading bots and rebalancing bots within 24 hours of the listing. Additionally, users will be able to exchange bStocks against BTC, USDT, and other supported tokens through Binance Convert.

As part of the rollout, Binance is offering temporary fee incentives for eligible users in permitted jurisdictions. Maker fees for the two USDT markets are set at zero from the listing time through September 30, while Convert transactions will carry no fee.