
Binance launches bStocks tokenized securities with 24/7 trading
- —bStocks trade on Binance Spot 24/7 and are issued on BNB Smart Chain
- —Holders get no voting, dividend or direct shareholder rights
- —Issuer is affiliate BTech Holdings, marketed as 1:1 backed
- —Product is unavailable in the US and to US persons
Why it matters: Binance is bringing tokenized equities to the world's largest spot venue, intensifying competition for the RWA market with Robinhood and Coinbase.
Source: Blockchain.News