TL;DR
- Binance reported that bStocks surpassed $1 billion in assets under management just four months after its launch in June.
- Users converted more than $6 billion between tokenized stocks and traditional equities through a fee-free, 1:1 conversion mechanism.
- In August, 58% of bStocks trading volume occurred outside regular U.S. stock market hours.
Binance announced that bStocks reached $1 billion in assets under management (AUM), four months after the tokenized equities product launched in June 2026.
According to Binance Research, users also completed more than $6 billion in conversions between bStocks and their underlying shares. The platform allows users to switch between the two formats at a 1:1 ratio without paying conversion fees.
bStocks provide exposure to selected stocks and exchange-traded funds (ETFs), with the ability to trade outside traditional market hours and transfer the tokens to self-custody wallets.
Binance Sees More Trading Activity Outside Regular Market Hours
In August 2026, only 42% of bStocks trading volume occurred during regular U.S. stock market hours.
The remaining 58% came from pre-market, after-hours, overnight, and weekend trading.
By comparison, Binance Research reported that 89.2% of traditional U.S. equity trading volume takes place during regular market hours.
The platform also expanded its offering from five instruments in June to nearly 100 tokenized stocks and ETFs by October, including assets linked to semiconductors and artificial intelligence infrastructure.
Tokenized Stocks Expand Their Use in DeFi
Data from Binance Research indicates that bStocks utilization in on-chain applications reached 11.2%, approximately 3.8 percentage points above the tokenized equity sector average.
Between late June and September 10, borrowing against bStocks increased from 5.5% to 46.2% of deposited collateral. By that date, users had borrowed approximately $3.1 million against $6.8 million in collateral.
On-chain transfers of tokenized stocks, including trading volume, exceeded $100 billion during the third quarter of 2026, compared with $6 billion recorded in the first quarter.
According to Binance Research, the tokenized equity sector’s market capitalization increased 390.4% year-to-date in 2026. bStocks accounted for approximately one-quarter of that market in October.
