Binance Lists Circle and Nvidia Bstocks as 1:1 Tokenized Equities

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Binance launched Bstocks on June 11, allowing users to trade tokenized versions of select U.S. equities 24/7 as BEP-20 tokens on BNB Chain. The products are issued by BTech Holdings Limited, a Binance affiliate, and are backed 1:1 by shares held through Nest Trading Limited, a regulated broker-dealer entity. Binance introduced Bstocks to merge traditional equity investing with onchain portability, enabling users to hold the tokens on the exchange or in self-custody wallets and use them across supported decentralized finance applications. The launch follows approval of the issuer's prospectuses by the Financial Services Regulatory Authority of Abu Dhabi Global Market. At launch, Binance listed tokenized versions of Circle Internet Group, Micron Technology, Nvidia, Sandisk, and Tesla, with additional listings planned over time.

Binance Lists Circle, Nvidia, and Three Other U.S. Equities as Bstocks

At launch, Binance listed tokenized versions of Circle Internet Group, Micron Technology, Nvidia, Sandisk, and Tesla. According to the company's media statement, a tokenized version of SpaceX is planned, pending the company's expected public listing on Nasdaq. Binance said additional listings will roll out over time.

Users can convert between underlying equities—purchased through Binance's broker-dealer entity Nest Trading Limited—and Bstocks at a 1:1 ratio with no conversion fees. Fractionalized trading starts at $5. Each Bstock is structured as a certificate over a corresponding U.S. stock or exchange-traded fund and is backed 1:1 by shares held with a regulated custodian, Binance said.

As BEP-20 tokens on BNB Chain, Bstocks are compatible with a wide range of wallets and onchain applications. Binance said integrations will expand over time. Corporate actions such as stock splits and dividend-related adjustments will be processed automatically.

Richard Teng on User Demand and Product Evolution

"Early demand for stocks trading on Binance shows that users want more flexible ways to access traditional markets," Richard Teng, Binance's co-CEO, said in a statement. "bStocks are the next step in that evolution, bringing real-world assets on-chain while giving users greater portability and self-custody."

FSRA of Abu Dhabi Global Market Approved Bstocks Prospectuses

The launch comes after the Financial Services Regulatory Authority of Abu Dhabi Global Market approved the issuer's prospectuses. Each Bstock is backed 1:1 by shares held with a regulated custodian.

Tokenized U.S. Treasurys Grew to $14.8 Billion Between Jan 1, 2024 and June 11, 2026

The rollout comes amid rapid expansion in tokenized real-world assets. Tokenized U.S. Treasurys surged from $750 million to $14.8 billion between Jan. 1, 2024, and June 11, 2026. Onchain equities expanded nearly 30-fold, rising from $47.5 million to more than $1.42 billion during the same period.

FAQ

What did Binance launch on June 11?
Binance launched Bstocks on June 11, a line of tokenized securities representing select U.S. equities as BEP-20 tokens on BNB Chain. The products are issued by BTech Holdings Limited and backed 1:1 by shares held through Nest Trading Limited.

Which U.S. equities are available as Bstocks at launch?
At launch, Binance listed tokenized versions of Circle Internet Group, Micron Technology, Nvidia, Sandisk, and Tesla. A tokenized version of SpaceX is planned, pending the company's expected public listing on Nasdaq.

How much did tokenized U.S. Treasurys grow between Jan 1, 2024 and June 11, 2026?
Tokenized U.S. Treasurys surged from $750 million to $14.8 billion between Jan. 1, 2024, and June 11, 2026. Onchain equities expanded nearly 30-fold, rising from $47.5 million to more than $1.42 billion during the same period.

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