Binance bStocks Leads Tokenized Stocks Market As Volume Surges To $8.8B Billion
Key Insights:
- Binance bStocks captured over 85% of tokenized equity DEX volume in July as monthly trading volume surged to $8.8 billion.
- 24/7 trading and zero-fee incentives have helped bStocks pull ahead of rivals like Ondo and xStocks.
- Tokenized assets on BNB Chain hit a record $19 billion, with tokenized stocks reaching $620.4 million.
Binance bStocks recently smashed the tokenized stocks market, with the monthly volume exploding to $8.8 billion. They are now among the top tokenized assets.
Traders piled in hard as Binance, the largest crypto exchange, confirmed that bStocks has captured over 85% of tokenized equity DEX volume in July. The total volume jumped from $2.9 billion in the month before to $8.8 billion as per the latest figures.
According to Binance, tokenized stocks monthly DEX volumes remained within a similar range for months. Volumes mostly stayed below $2.5 billion, but they surged aggressively in July largely thanks to bStocks.
Binanceโs bStocks Dominates Tokenized Stocks Market as 24/7 Trading Takes Off
Binance introduced bStocks in June as 1:1 tokenized U.S. stocks and ETFs that trade 24/7 on BNB Chain. Investors and traders would be able to convert real shares to tokens with zero fees, wi
