Trust Wallet to support bStocks for 24/7 tokenized US equity trading

Trust Wallet says it is the first wallet to add Binance-issued bStocks on BNB Chain, starting with five tokenized U.S. equities and links to DeFi protocols for broader onchain use.

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Summary

Trust Wallet said it is the first wallet to support bStocks, a Binance-issued line of tokenized U.S. stocks on BNB Chain that offers 24/7 app-based access to equity exposure without a traditional brokerage account. The initial listings are Tesla (TSLAB), Nvidia (NVDAB), Circle (CRCLB), Micron Technology (MUB) and Sandisk (SNDKB), with custody handled by Alpaca. The tokens can also integrate with Lista, Venus Protocol and PancakeSwap, extending their use across lending and trading applications onchain.

Terms & Concepts
  • tokenized U.S. stocks: Digital tokens designed to track exposure to U.S.-listed company shares on blockchain networks.
  • BNB Chain: A blockchain network used for issuing tokens and running decentralized finance applications.
  • custodied: Held and safeguarded by a designated firm on behalf of users or an issuing platform.