Binance bStocks Tops $1B as Tokenized-Equity Trading Grows

Binance says its bStocks tokenized-equity platform surpassed $1 billion in assets under management about four months after launching on June 11, 2026, making it the fastest tokenized-equity product to reach the milestone, according to Dune Research data cited by the exchange. The platform lists nearly 100 US stocks and ETFs and has recorded more than $40 billion in cumulative trading volume. Binance bStocks tokens are backed 1:1 by underlying securities and can be redeemed for them; users have also transferred $6 billion between direct stock positions and bStocks at parity. The tokens trade around the clock and settle on-chain. In July, 38% of bStocks volume took place during regular US market hours, compared with 89.2% for conventional US equities. Eligible users can use supported tokens as margin and futures collateral, with leverage of up to 5x. The later account also highlights potential fractional access and integration with digital-asset products, while noting that token holders may not have the voting or shareholder rights of direct stock owners. Offered under an approved prospectus in Abu Dhabi Global Market, bStocks is restricted to eligible users in permitted jurisdictions and is unavailable to US persons. The milestone points to growing interest in tokenized shares, but does not establish durable demand. Traders will be watching the transparency of asset backing, liquidity, custody, counterparty exposure and regulatory developments.