Binance Lets bStocks Tokenized Equities Count As Futures Margin

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TL;DR Binance now allows eligible bStocks tokenized-equity holdings to be used as collateral in Multi-Assets Mode. The feature lets users retain exposure to tokenized stocks while using their collateral value for futures positions. Regional restrictions and risk haircuts still apply. Binance is giving its tokenized-stock product a second job. Eligible bStocks holdings can now be used as collateral inside the exchange‘s Multi-Assets Mode, allowing users to keep tokenized equity exposure while putting part of that value to work against futures margin requirements. Tokenized Stocks Move Into The Collateral Layer Until now, tokenized equities were largely a trading product. Using them as collateral changes the role they can play inside an exchange account. A user holding an eligible bStock can keep the position while the exchange recognizes a haircut-adjusted portion of its value for margin purposes. That does not remove risk. Collateral haircuts can change with volatility and account settings, and losses in a leveraged futures position can still put the collateral at risk. But it makes bStocks more integrated with the rest of Binance’s derivatives infrastructure. Tokenization Gets Mor...

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