Binance's bStocks Captures 31% of $4.8 Billion Tokenized Stock Market
Binance's bStocks has emerged as the dominant player in the tokenized equity sector, managing $1.5 billion in assets—approximately 31% of the total $4.8 billion market. Launched on June 11 on the BNB Chain, the product allows investors to trade U.S. stocks and ETFs 24/7 without traditional brokerage accounts. The rapid growth is driven by a global user base, with 70% of volume originating from emerging and frontier markets and Gen Z accounting for nearly half of all users. The tokenized stock category has seen explosive expansion, growing 164% between June and November. bStocks specifically reached the $1 billion AUM milestone in record time and is increasingly being utilized within decentralized finance (DeFi) protocols for lending and collateral. While offering high liquidity and constant trading availability, these products are offered under an ADGM prospectus and are not available to U.S. persons.
Tickers: $MU $NVDA $SNDK $TSLA
Topics: assets under management Binance bStocks blockchain technology BNB Chain tokenized stocks