Binance will reprice stock-token collateral even when Wall Street is closed

Binance will update the collateral value of bStocks, tokenized securities tied to US-listed equities, around the clock from Oct. 24 at 00:00 UTC. Eligible margin accounts could lose some of their collateral cushion while US stock markets are closed. The exchange’s Oct. 20 notice schedules continuous updates to the bStocks collateral index. During non-trading periods, including weekends, holidays and daily maintenance windows, that index will reference Binance trading prices when external market data is unavailable. bStocks are certificates providing equity price exposure, without direct ownership of the underlying shares or shareholder rights.

Source: CryptoSlate