Binance Launches Tokenized U.S. Stocks Trading With bStocks

• bStocks mixes conventional investment with the flexibility of on-chain transferability, as first hinted at in Binance’s recent statement launching U.S. stocks trading.
• Users may convert between bStocks and supported underlying stocks at a 1:1 ratio with no conversion costs.

Today, Binance Exchange announced that bStocks, fully-backed tokenized securities that reflect specific U.S. equities issued by BTech Holdings Limited, an affiliate of the Binance group (“Issuer”), may now be traded. Users who meet the requirements may trade and hold bStocks on Binance around-the-clock, self-custody them using wallets that are compatible with the BNB Chain, and utilize them in any approved DeFi apps.

Circle Internet Group (CRCLB/USDT), Micron Technology (MUB/USDT), NVIDIA (NVDAB/USDT), Sandisk (SNDKB/USDT), and Tesla (TSLAB/USDT) will be the first stocks listed at launch. SpaceX (SPCXB/USDT) is scheduled to trade, subject to SpaceX’s Nasdaq public listing. Additional stock admittance for Binance Exchange trading will be disclosed gradually.

bStocks mixes conventional investment with the flexibility of on-chain transferability, as first hinted at in Binance’s recent statement launching U.S. stocks trading. Additionally, the launch supports Binance’s goal of democratizing access to financial opportunities across market stages and asset classes, including tokenized real-world assets, public stocks, and private-market exposure via Pre-IPO perpetuals.

Users may convert between bStocks and supported underlying stocks at a 1:1 ratio with no conversion costs (bought via Binance’s broker-dealer business, Nest Trading Limited). bStocks makes investment more accessible by offering fractional shares for as low as $5.

Following regulatory clearance of the issuer’s prospectuses by the Financial Services Regulatory Authority of the ADGM, bStocks are launched. The purpose of stocks is to serve as a certificate over certain U.S. equities and exchange-traded funds. A matching underlying share held by a regulated custodian backs each bStock 1:1.

“Early demand for stocks trading on Binance shows that users want more flexible ways to access traditional markets,” said Richard Teng, co-CEO of Binance. “bStocks are the next step in that evolution, bringing real-world assets on-chain while giving users greater portability and self-custody. As tokenization gains momentum, Binance is helping bridge traditional finance and crypto infrastructure in a way that is simple, secure, and user-driven.”

bStocks are interoperable with wallets and on-chain apps across the ecosystem as regular BEP-20 tokens on the BNB Chain; planned integrations will be released gradually.

Users may maintain ongoing exposure without the need for human action thanks to the automated processing of corporate operations like stock splits and dividend-related adjustments.

For a brief period, Binance is providing 0% maker costs for the first bStocks trading pairings. Subject to relevant terms and restrictions, this applies to MUB/USDT from 2026-06-11 17:00 UTC to 2026-08-31 23:59 UTC and to CRCLB/USDT, NVDAB/USDT, SNDKB/USDT, and TSLAB/USDT from 2026-06-11 18:00 UTC to 2026-08-31 23:59 UTC.

For more information, see the Terms of Use, Exchange Rules, Exchange Procedures, relevant Prospectus (if applicable to you and understanding that the offer is only made in ADGM, no public offer is being made elsewhere and viewing the prospectus does not constitute an invitation or solicitation outside ADGM), bStocks Minting and Redemption Product Terms, Admission to Trading Notice and Risk Warning.