Exchanges· ★★★★· bullish·

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