Binance launches bStocks tokenized securities

According to the official announcement, Binance officially launched bStocks tokenized securities on June 11 at 22:00.

Each unit of bStocks is backed by U.S. stocks held by a regulated custodian on a 1:1 basis, allowing users to trade and redeem 24/7 without redemption fees. A minimum of just $5 is required to gain exposure to fractional shares of U.S. stocks, with transactions settled within one second.