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Binance Launch of bStocks tokenized securities, supporting 24/7 trading and instant conversion
Svmuu News: According to an official announcement, Binance has launched bStocks tokenized securities, with each bStock backed 1:1 by U.S. stocks held in custody. Users can trade 24/7 on the spot market and convert stocks to bStocks at a 1:1 ratio with zero fees.bStocks are standard BEP-20 tokens that support withdrawal to BNB Smart Chain wallets for self-custody and integrate the BEP-677 standard to enable automatic dividend reinvestment. The minimum trading amount is as low as $5, and dividends and stock splits are automatically processed through the Multiplier mechanism, requiring no user action.
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