Binance bStocks leads tokenized stocks with $1.4B in value

Binance’s bStocks has reached roughly $1.4 billion in tokenized stock value, placing it ahead of rival issuers in a market that RWA.xyz has valued at $3.69 billion. Binance’s bStocks leads issuer rankings, ahead of Ondo and xStocks. Most bStocks remained in Binance wallets, holding assets for customers at October’s end. Robinhood and Coinbase led October’s decentralized trading despite their smaller outstanding token values. Token holders receive stock price exposure, while ownership rights and access depend on product terms. RWA.xyz’s dashboard, dated Nov. 3, lists 104 bStocks products, followed by Ondo at $902.8 million and xStocks at $596.8 million.

Source: crypto.news