TLDR Binance bStocks surpassed $1 billion in managed assets four months after launching in June 2026. The tokenized stock platform recorded over $40 billion in trading volume and nearly 100 l
Binance tokenized stocks surpassed $1 billion in assets under management four months after launch. Binance announced the October 15 milestone, citing Dune data and claiming the fastest rise to that level.
Binance launched bStocks on June 11 with five tokenized U.S. stocks and exchange-traded funds. Its list now covers nearly 100 securities. The exchange reported over $40 billion in trading, averaging more than $300 million daily.
Users converted $6 billion between bStocks and direct stock holdings, according to Binance. Each token has one-to-one backing through securities held in custody. The conversion figure measures cumulative activity, not assets held today.
In an October 5 X post, Binance told eligible users they could switch between stocks and tokens. Separately, the exchange plans to close its mining pool in November as it expands access to American securities overseas.
In July, only 38% of bStocks trades occurred during regular U.S. market hours. Binance compared that with 89.2% for conventional equities. Eligible customers can trade tokens on weekends and transfer them into compatible personal wallets.
Shunyet Jan, Binance’s head of exchange and trading, said continued market activity matters beyond launch. He said customers trade bStocks, pledge them as collateral, and convert them into direct stock positions.
Other companies are also developing tools for tokenized securities. Chainlink recently expanded tools that connect financial networks. Binance reported that 11.2% of bStocks value was deployed in decentralized finance by early October 2026, exceeding comparable products by 3.8 percentage points.
Borrowing against Binance tokenized stocks reached 46.2% of deposited collateral by September 10, up from 5.5% at June’s end. The exchange extended collateral access to eligible retail customers in September, with account checks and risk controls.
Traders can pledge supported bStocks for margin and futures positions, with borrowing up to five times their collateral. Binance said 58.5% of early users also traded perpetual futures or direct shares by late July.
The trend comes as banks expand tokenized deposits, including Wells Fargo. Binance also estimated tokenized stock transfers exceeded $100 billion during the third quarter, compared with $6 billion during the first. Binance says bStocks are backed by underlying securities, but holders do not receive direct shareholder rights.
The post Binance Tokenized Stocks Hit $1B. What Fueled Growth? appeared first on Blockonomi.
