Binance Launches bStocks for 24/7 Tokenized U.S. Equities

The tokens are one‑for‑one claims issued by BTech that can be held in private wallets or used in DeFi, with redemptions and corporate actions processed during regular market hours.

Overview

Binance has put bStocks into operation, letting eligible users convert stock positions on its platform into on‑chain tokens that trade continuously on the exchange.
The initial offering covers five U.S. names — Nvidia, Tesla, Circle, Micron, and Sandisk — with plans to add more assets and integrations later.
Binance says bStocks are issued by affiliate BTech Holdings Limited and backed 1:1 by underlying securities, with conversions and reversions available at a one‑to‑one ratio and no conversion fees.
Users can withdraw bStocks to Trust Wallet, Binance Wallet, or hardware wallets and can deploy them in supported DeFi apps while broker and custodian partners such as Alpaca handle custody, dividends, and corporate actions.
Binance uses oracle price feeds and instant on‑chain settlement to align token prices with markets, but wider adoption will depend on regulatory permissions, custody reconciliation with off‑chain settlement and liquidity in competing tokenized stock offerings.