Binance has officially launched the tokenized stock bStocks, enabling 24/7 trading of US stocks

June 11 – Per an official announcement, Binance has fully launched its bStocks platform, enabling users to trade and redeem tokenized securities. Each bStock is pegged 1:1 to U.S. stocks held by a regulated custodian. Issued by BTECH Holdings Limited, an affiliate of the Binance group, bStocks are classified as tokens representing specific financial instruments. Holders hold an interest in the underlying securities but do not gain direct ownership of the related listed company’s shares. Binance states bStocks trade 24/7 on its spot market, free from the limitations of traditional stock trading hours. Users can redeem stocks for bStocks instantly at a 1:1 ratio with no redemption fees. Each bStock is fully backed by real U.S. stocks held by a regulated custodian, and its reserves are verifiable via a dedicated proof-of-reserve page. Additionally, bStocks support withdrawals to compatible BNB Smart Chain wallets for self-custody and integration with DeFi protocols on the BNB Smart Chain. The tokens are BEP-677-compliant on BNB Smart Chain, providing native support for real-world assets (RWA) on the ecosystem. bStocks count among the first token securities listed on the FSRA’s official register, issued under an FSRA-approved prospectus and traded on a Recognized Investment Exchange. For dividends distributed by the underlying companies, the net dividend value is automatically reinvested via an on-chain adjustment mechanism called the “multiplier.” Prior to reinvestment, U.S. withholding tax applies at the current 30% rate. Users can access fractional U.S. stocks with a minimum exposure of just $5.