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Binance says users' stock and bStocks assets top $3bn

NewsFeeds update

Binance says its users' traditional financial assets held through stocks and bStocks now exceed $3bn, with bStocks' assets under management at $1.5bn. bStocks says it is the largest tokenised stock product by AUM, with a $5 minimum and 7×24 trading.

AltcoinsPANewsAIBullish

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The story so far: Binance bStocks collateral expansion

Binance has been expanding its bStocks tokenised equities product, adding tokens as eligible margin collateral. On 7 October it said four bStocks tokens would be accepted as collateral, and it now reports assets under management above $888m with 95 stock tokens usable as collateral. Binance said bStocks topped $1bn…

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  1. Binance to add four bStocks tokenised securities as margin collateral

  2. Binance says bStocks assets under management pass $888m

  3. Binance says bStocks passed $1bn in user holdings fastest among tokenised stocks

  4. Binance to accept five bStocks tokens as margin collateral from 21 Oct

  5. Binance says users' stock and bStocks assets top $3bn

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Every Altcoins update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.