Binance’s new tokenized stock trading platform has surpassed $1 billion in assets under management within 30 days of its June 1st launch. The platform, which offers over 7,000 tokenized US stocks and ETFs, also generated nearly $3 billion in cumulative trading volume. Binance announced it is waiving maker fees on five trading pairs through August 31st.
Binance has reported its stock trading platform exceeded $1 billion in assets under management just one month after launch. The platform began offering direct access to over 7,000 US stocks and ETFs on June 1st.
Users have generated nearly $3 billion in cumulative trading volume on the platform within that initial 30-day period. The platform features tokenized securities known as bStocks, which are issued through Binance Group affiliate BTech Holdings.
Each bStock token is a 1:1 representation of a US security that tracks the underlying stock’s price. Holders can trade these tokens around the clock and convert them instantly into direct stock positions without cost.
“A billion dollars in 30 days is a sign of the demand that’s been waiting decades for a door to walk through,” said Shunyet Jan, Head of Spot and Derivatives Business at Binance. He stated the service was built for global users previously excluded from US markets.
The platform recently added tokenized versions of Microsoft (MSFTB), Meta (METAB), and Palantir (PLTRB). This $1 billion milestone coincides with a period of significant activity in tokenization and retail investing markets.
Pre-IPO perpetual futures volumes surged from $1 billion to $22 billion across crypto exchanges during the same window. Securitize also listed on the NYSE as the first public company focused solely on tokenization infrastructure.
Binance additionally announced it is waiving maker fees on all five trading pairs through August 31st. This provides early users with a temporary zero-cost entry window for the new offerings.
