BNB Chain’s bStocks hits $7B in trading volume weeks after launch

Tokenized stocks on BNB Chain have crossed $7 billion in cumulative trading volume, driven almost entirely by bStocks, Binance’s 1:1-backed tokenized U.S. equities product. That number lands less than two months after bStocks launched in June 2026. The product went live on June 10-11, 2026, issuing tokenized equities as BEP-20 tokens on BNB Chain. Total on-chain DEX volume for tokenized stocks across platforms reached approximately $7.05 billion as of late June 2026, with bStocks accounting for a significant share of that figure. What bStocks actually is, and why traders care Each token is backed 1:1 by an underlying U.S. equity, meaning one bSTSLA token corresponds to one actual Tesla share held in custody somewhere in the traditional financial system. Users can withdraw their bStocks tokens to compatible wallets, use them as collateral, or route liquidity through platforms like PancakeSwap. The zero-fee conversion model is the other big draw. Getting in and out of bStocks positions costs nothing at the token layer, which removes one of the main friction points that plagued earlier tokenized asset experiments. Assets under management crossed $300 million and briefly hit $1 billion...