bstock

Aster has become one of the first DeFi protocols on the BNB Chain to support bStock, allowing users to use bStock as collateral for perpetual contracts. After enabling multi-asset mode, users can deposit bStock into their perpetual accounts, with each bStock counted as margin up to a maximum of 90% of its value.TSLAB, NVDAB, CRCLB, and SNDKB are the first supported bStock assets, with more varieties to be launched gradually. bStock is a tokenized security issued by Binance, backed 1:1 by underlying U.S. stocks held by custodians, and does not represent direct ownership of the stocks.

Binance will launch the bStocks tokenized security SpaceX (SPCXB) spot trading pair SPCXB/USDT on June 13 at 01:00 and will enable spot algorithm trading bot services. Users can enjoy zero maker fees during the event, which ends on September 1 at 07:59. SPCXB deposits and withdrawals will open on the same day at 21:30.

According to official news, bStocks has officially launched on BNB Chain. This product is launched by Binance, pegged 1:1 to US securities, supports 24/7 trading, zero fees, and can settle on BNB Chain within 1 second.

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 regulated custodians at a 1:1 ratio, 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 settling in as little as one second.The official statement indicates that bStocks assets will also fully integrate into the DeFi ecosystem of BNB Chain in the future, allowing users to earn traditional dividends while further enhancing asset value on-chain through collaborative protocols such as PancakeSwap, Aster DEX, Venus, and Lista DAO.

According to the official announcement, Binance has launched bStocks, which are 1:1 tokenized U.S. stocks. bStocks are issued by Binance Group's affiliate BTech Holdings Limited, representing rights to the underlying securities and do not represent direct ownership of the underlying listed company stocks or shares.Users can convert their eligible stocks held on Binance's direct stock trading platform into corresponding bStocks at a 1:1 ratio, and can also convert them back to direct stock positions. This process has no lock-up period, no holding period, and no conversion fees. bStocks will be traded 24/7 on the Binance spot market and support withdrawals to self-custody wallets or on-chain deployment in compatible DeFi protocols. Users can withdraw bStocks to Trust Wallet, Binance Wallet, hardware wallets, or other compatible addresses.The price of bStocks will be anchored to the underlying stock price through oracles, with on-chain settlement completed instantly, and redemptions for direct stock positions will occur during market trading hours. The first batch of tradable bStocks includes Micron (MUB), Sandisk (SNDKB), Circle (CRCLB), NVIDIA (NVDAB), and Tesla (TSLAB), with further expansions to support additional underlying assets and related integrations to follow.

According to the official announcement, Binance has announced the launch of US stock and ETF trading features, supporting trading 5 days a week, 24 hours a day. Users can buy and sell US-listed stocks and ETFs through a single Binance account, starting from a minimum of $5.The announcement pointed out that bStocks holders do not directly hold the equity of the relevant underlying stocks or ETFs, and that related products and services may be subject to restrictions based on region.

According to Fortune, Binance is accelerating the expansion of its traditional financial services, planning to add U.S. stock trading features to its platform and launch tokenized stock products, further developing towards a "super app" model.It is reported that Binance will offer over 7,000 U.S. stocks and ETFs for non-U.S. users and plans to launch self-initiated tokenized stock products called bStocks in the coming weeks.Binance Co-CEO Richard Teng stated that users can purchase stocks using digital assets such as USDC, USDT, and BNB, and it supports fractional trading with a minimum of $5 and zero commission. This service is provided by Nest Trading for brokerage support, while Alpaca is responsible for custody, dividend distribution, and corporate action processing. Binance claims that bStocks will convert traditional stock holdings into programmable, always-on, on-chain tokenized assets.Previously, Binance had re-launched on-chain tokenized assets tracking U.S. stocks and ETFs such as Apple, Tesla, and Nvidia through a partnership with Ondo Finance.