Binance announced today that its 1:1 tokenization of US stock securities, bStocks, has become the fastest tokenized stock product to reach a management asset scale of over $1 billion ($AUM). According to the on-chain data from Dune Research as of October 15th, this milestone was achieved approximately four months after its launch on June 11, 2026.

bStocks represents U.S.-listed stocks and ETF tokens, with each token being fully backed 1:1 by the corresponding underlying securities. They can be traded around the clock, settled on-chain, transferred between exchanges and wallets, and can be converted 1:1 into direct stock holdings within a single Binance account. Each token can be redeemed for the corresponding underlying security itself, not just its cash value, ensuring that the tokens remain anchored to the stocks they represent.

Key data since launch:

• Managing an asset scale of over $1 billion, it has become the tokenized stock product to reach this milestone the fastest, achieving it about four months after its launch.
• Since June 11, the cumulative trading volume has exceeded $40 billion, with an average daily trading volume of over $300 million during that period.
• There are nearly 100 bStocks assets listed, a significant increase from the 5 assets when it was launched in June.
• Since its launch, the conversion volume between direct stock positions and bStocks has reached $6 billion, completed at a 1:1 ratio. There is no need for brokers to facilitate the transfer, nor is there any need to wait for trading hours.

Binance The person in charge of trading and transaction business Shunyet Jan states: "The test of tokenized stocks is not their performance on the day of launch, but whether they continue to function like a market after that. bStocks They can be traded around the clock, used as collateral, transferred between self-managed wallets, and can be converted 1:1 into direct stock holdings. Today, there are over $1 billion in such assets on Binance, and they are being utilized, not just held."

bStocks Usage Instructions for Owners

• Deployment in Decentralized Finance: At the beginning of October, measured by total locked-up value ( TVL ), the deployment utilization rate of bStocks in DeFi rose to 11.2%, which is about 3.8 percentage points higher than the overall level of comparable tokenized stocks.
• Capital efficiency improvement: As of September 10th, the proportion of outstanding loans secured by the deposited bStocks increased to 46.2%, up from 5.5% at the end of June, representing an 8.4-fold growth during that period.
• Incremental approach adopted: Data as of the end of July indicates that 58.5% of early bStocks users are also trading perpetual contracts and/or direct stocks on Binance.

Tokenization and the growing demand for 24/7 trading

• In July, only 38% of the trading volume of Binance and bStocks occurred during the regular trading hours in the United States, whereas for traditional U.S. stocks, this proportion was 89.2%.
• In the third quarter of 2026, the amount of tokenized stock transfers on-chain exceeded $100 billion, representing a more than 16-fold increase from $6 billion in the first quarter; during the peak period at the beginning of August, bStocks accounted for over 90% of the weekly transfer volume.
• Tokenized stocks have become the fastest-growing category of real-world assets in 2026 ( RWA ), with their market value more than quadrupling by the end of September, exceeding $3 billion.

Last month, Binance extended the collateral support of bStocks to all eligible users. As a result, retail traders can now use the supported bStocks tokens as margin and futures collateral: they can borrow quoted assets with up to 5x leverage to open positions, or use the same tokens simultaneously as collateral for futures positions and as hedging tools. Unlike traditional platforms that typically only accept cash or cash equivalents as collateral, the tokenized stocks on Binance now serve a dual role as both market exposure and collateral. Binance will also continue to expand their use beyond trading to include hedging, margin, and risk management.

Disclaimer

This announcement is for general information purposes only. Binance does not open accounts or provide services to U.S. citizens. bStocks Tokenized securities are classified as certificates representing certain financial instruments (see Paragraph 92 of Schedule 1). bStocks They are not stocks or shares, and holders do not directly own a single share of the underlying listed company. bStocks They do not represent any association with the issuer of the underlying assets. bStocks Information is provided through the prospectus approved by ADGM and is not available in any other jurisdiction. ADGM They are not offered to the public outside of this context. Tokenized securities are only available to qualified users in permitted jurisdictions and can only be traded on the secondary market. Before proceeding, you are responsible for ensuring that accessing and trading tokenized securities in your jurisdiction is legal. Accessing this product in prohibited or restricted jurisdictions does not impose any responsibility or obligation on Binance. If Binance believes that your access or trading may violate applicable laws, product restrictions, qualification standards, sanctions requirements, or relevant issuance documents, Binance may decide to restrict, suspend, deny, cancel, or revert such access or trading at its discretion. Tokenized securities can be held and transferred off-chain outside of the CSD environment. To transfer tokenized securities back into the CSD environment, certain conditions must be met; if these conditions are not satisfied, you may not be able to trade, convert, or otherwise dispose of these tokenized securities within the CSD environment.

Any information related to tokenized securities displayed herein is not intended to constitute an offer, solicitation, promotion, recommendation, or invitation to buy or sell securities in any jurisdiction. Tokenized securities are not offered, sold, distributed, provided, or accessible in the United States or to U.S. persons, for the accounts or interests of U.S. persons. Such tokenized securities have not been and will not be registered under the U.S. Securities Act of 1933 or any state securities laws of the United States, and bStocks will not conduct a public offering of these securities in the United States or any other jurisdiction (except ADGM). By accessing this product, you declare and warrant that you are not a U.S. person, are not located within the United States, do not act on behalf of the accounts or interests of any U.S. person, and will not access, purchase, sell, transfer, convert, or otherwise trade tokenized securities within the United States.

Digital asset prices carry significant market risks and price volatility. The information provided does not constitute any solicitation, recommendation, or inducement to buy or sell products in any manner. The value of your investments may rise or fall, and you may not be able to recover the full amount of your investment. Comments and analyses do not represent any commitments or guarantees from Binance. You should be responsible for your own investment decisions, and Binance assumes no responsibility for any losses you may incur. Past performance is not a reliable indicator of future performance. You should only invest in products that you are familiar with and understand the associated risks. Before making any investment decisions, you should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult with an independent financial advisor. This material should not be considered financial advice. This product may not be suitable for certain countries or users. This content is not intended for users or countries where it is prohibited or restricted. For more information, please refer to the terms of use and risk warnings of Binance. For more information on how to protect yourself, please visit their Responsible Trading page.

For more information, please refer to the Terms of Use, Trading Rules, Trading Procedures, relevant Prospectuses (if applicable to you), and understand that this offer is made solely under ADGM and does not constitute a public offering in any other place. Viewing the prospectus does not constitute an invitation or solicitation outside of ADGM. Also, please refer to bStocks Minting and Redemption Product Terms, bStocks Margin Mortgage Risk Control Guidelines, Frequently Asked Questions regarding Binance and bStocks as collateral assets, bStocks Tokenized Securities Mortgage Index Pricing Method, Access Trading Notifications, and Risk Warnings.

About Binance

Binance is a leading global blockchain ecosystem, backed by the world's largest digital asset exchange in terms of trading volume and number of registered users. Binance is trusted by over 320 million people from more than 100 countries and is renowned for its industry-leading security, transparency, fast transaction engine, investor protection, as well as a rich portfolio of digital asset products and services that cover trading and finance, education, research, philanthropy, payments, institutional services, and Web3 functions. Binance is committed to building an inclusive crypto ecosystem, using cryptocurrencies as the foundation for financial freedom and accessibility, to enhance the financial freedom of people around the world. For more information, please visit: https :// www.binance.com.