Binance added 60,700 new holders to its tokenized stock product bStocks within 24 hours, making it the largest issuer by holder growth in the tokenized securities space. The product has accumulated over $500 million in assets under management and surpassed 522,000 holders since launching on June 11. These BEP-20 tokens on BNB Chain represent a 1:1 claim on US-listed stocks and ETFs, trading around the clock, seven days a week with zero transaction fees. Cumulative trading volume reached $458 million within just two weeks, and monthly volumes on decentralized exchanges have since climbed into the billions. The rapid growth suggests that distribution, not technology, was the primary bottleneck for tokenized stocks.
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