Binance bStocks Reaches $1 Billion in Assets in 125 Days
Photo: TokenPost
Binance’s bStocks reached $1 billion in assets under management 125 days after launch, while emerging and frontier markets generated most volume and trading stretched beyond U.S. stock-market hours. The tokenized-stock product hit the $1 billion mark in less than half the 265 days Ondo needed to reach it. Since its June 11 launch, bStocks has accounted for more than 60% of the increase in tokenized-stock assets under management (AUM). Its share of total tokenized-stock AUM was 34.2% as of Oct. 20. Users in emerging and frontier markets generated about 70% of bStocks trading volume since launch.
Source: TokenPost
