Binance bStocks posts $45.4 million market cap gain, outpaces tokenized stock rivals

Binance bStocks registered the largest 30-day increase in market capitalization among tokenized stock issuers, with a gain of $45.4 million in tokenized assets backed by Circle. This surge highlighted a stark contrast with several other platforms, including Reality and Ondo , which experienced significant declines over the same period. Token Terminal data reveals that Binance bStocks led recent growth in tokenized Circle-backed assets. The platform’s $45.4 million increase outpaced all other issuer groups for the period under review. xStocks saw its tokenized exposure rise by $10.1 million, while Robinhood-issued stock tokens grew by $4.3 million.

Source: CoinTurk News