Binance has moved its tokenized-equity program from announcement to live product, introducing bStocks, a first batch of five US equities that eligible users can convert into on-chain tokens and trade around the clock, seven days a week.
The exchange posted the launch Wednesday to its official account. Five stocks are available at launch: Nvidia (NVDAB), Tesla (TSLAB), Circle (CRCLB), Micron (MUB), and Sandisk (SNDKB).
Users who hold the underlying equities through Binance's brokerage platform can convert at a 1:1 ratio into the corresponding bStock tokens and switch back without lock-up periods, minimum holding requirements, or conversion fees. Binance said redemptions back into direct stock positions settle during regular market trading hours; on-chain settlements complete immediately. Prices track the underlying via oracle feeds.
The launch completes a product arc that Converge covered in early June, when Binance opened zero-commission access to more than 7,000 US-listed stocks and ETFs to eligible users outside the United States and said a tokenization layer on BNB Chain would follow within weeks. bStocks is that layer.
The stock-trading platform lets users buy and sell equities directly through Nest Trading Limited, the Abu Dhabi Global Market-regulated introducing broker, with Alpaca Securities handling clearing, custody, dividends, and corporate actions. bStocks lives one step downstream: it lets users take the shares they already hold on that platform and tokenize them.
