Binance’s bStocks platform has become the largest issuer of tokenized Circle Internet Group stock, holding $149.5 million out of $373.3 million in total on-chain Circle exposure as of October 20, 2026. It overtook xStocks in second place with $102.7 million and Ondo in third with $97.3 million. In just four months since its June 2026 launch, bStocks crossed the $1 billion assets under management threshold. The platform offers nearly 100 tokens backed by stocks, with stock-to-token conversions reaching $6 billion and cumulative trading volume exceeding $40 billion.
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