Binance Adds 10 More Tokenized Stocks to Its bStocks Lineup
Binance will open trading for 10 new bStocks tokenized stock pairs today. The batch adds Apple, Amazon, Goldman Sachs, and PayPal.
The exchange launched bStocks in June with several listings, including Circle Internet Group, NVIDIA, and Tesla. Since then, it has continued to add pairs in batches.
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Binance Keeps Expanding Its Tokenized Stock Shelf
bStocks are tokenized securities issued by a Binance affiliate, BTech Holdings Limited. They are certificates that track the performance of underlying stocks rather than representing direct share ownership.
Each token is fully backed by a corresponding US share held by a regulated custodian, allowing holders to gain price exposure and economic benefits, including dividend reinvestment, without owning the stock itself.
The exchange has steadily expanded its bStocks offering throughout July, adding tokenized versions of companies including Coinbase, Alphabet, Robinhood, IBM, and Nokia.
Today, Binance announced that it will list 10 additional bStocks. The latest expansion adds Apple, Amazon, Applied Materials, Bloom Energy, Dell, Fluence Energy, Goldman Sachs, and PayPal, as well as two semiconductor ETFs.
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