
Binance’s tokenized U.S. equities product launched in June 2026 has passed $500 million in AUM, expanded to more than 46 listings, and is drawing heavy Gen Z and after-hours trading activity.
Binance’s tokenized stock product, bStocks, has expanded rapidly since its June 10-11, 2026 launch, helping push cumulative tokenized-stock trading on BNB Chain to about $7.05 billion in on-chain DEX volume in less than two months. Binance said on July 29 that bStocks had surpassed $500 million in assets under management seven weeks after launch, while an earlier newer report citing Dune Analytics put AUM at about $599 million, ahead of xStocks at roughly $589 million. The platform has grown from five tickers to more than 46 listings and recorded $2 billion in trading over the most recent weekend. Binance data shows 41.5% of bStocks users started their traditional finance investing journey through tokenized securities on the platform, while Gen Z accounts for 44% of bStocks trading activity. The exchange also said bStocks represent 58% of equity-linked trading volume on Binance outside U.S. market hours, highlighting demand for round-the-clock access, even as on-chain volume remains about 30 times smaller than activity on Binance’s centralized exchange.