Binance Launches bStocks Tokenized Securities with 1:1 Backing

Binance Exchange has launched bStocks, tokenized securities that represent select U.S. stocks and offer users 1:1 backing and 24/7 trading.

bStocks are backed by a corresponding underlying share held with a regulated custodian and can be traded on Binance, self-custodied through BNB Chain-compatible wallets, or used across supported DeFi applications.

The first bStocks listings include Circle Internet Group (CRCLB/USDT), Micron Technology (MUB/USDT), NVIDIA (NVDAB/USDT), Sandisk (SNDKB/USDT), and Tesla (TSLAB/USDT) with SpaceX (SPCXB/USDT) planned for trading pending its public listing on Nasdaq.

bStocks combines traditional investing with the flexibility of on-chain transferability, allowing users to convert between supported underlying equities at a 1:1 ratio with zero conversion fees and fractional shares starting from $5.