Binance now allows eligible users to convert US stocks into bStocks, their tokenized counterparts on BNB Smart Chain, at a 1:1 ratio, and to reverse the operation. This conversion is free, instant and reversible, and operates 24 hours a day, 7 days a week. Assets under management for bStocks exceeded 500 million dollars on July 28, 2026, just weeks after the product launch on June 11. The product has obtained approval from the Financial Services Regulatory Authority of Abu Dhabi (ADGM FSRA). Key risks remain the custodian’s reliability, the accuracy of Proof of Collateral data, as well as vulnerabilities related to smart contracts and wallet security once tokens are withdrawn from the platform.
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