bStocks: how to get access to stocks through blockchain? š
If youāre just starting to explore financial markets, the term ātokenized stocksā can sound complicated.
Letās make it simpler š
bStocks are tokenized securities that provide exposure to the price of the corresponding U.S. stocks. Binance states that bStocks are backed by underlying securities on a 1:1 basis. ļæ½
Binance
Why is this model interesting?
š¹ you can work with assets via blockchain;
š¹ bStocks trading on Binance can happen 24/7;
š¹ fractional exposure to some stocks is available;
š¹ blockchain adds new possibilities for using tokenized assets.
But itās important to understand: bStocks are not the same as direct ownership of company shares. The legal structure and the rights of the owner differ from those of a regular share. ļæ½
Binance
Tokenization can be one of the ways to combine the traditional financial market and blockchain.
Have you already heard about tokenized stocks? š
#Binance #BinanceSquareTalks #TradFi #Crypto #blockchain
If youāre just starting to explore financial markets, the term ātokenized stocksā can sound complicated.
Letās make it simpler š
bStocks are tokenized securities that provide exposure to the price of the corresponding U.S. stocks. Binance states that bStocks are backed by underlying securities on a 1:1 basis. ļæ½
Binance
Why is this model interesting?
š¹ you can work with assets via blockchain;
š¹ bStocks trading on Binance can happen 24/7;
š¹ fractional exposure to some stocks is available;
š¹ blockchain adds new possibilities for using tokenized assets.
But itās important to understand: bStocks are not the same as direct ownership of company shares. The legal structure and the rights of the owner differ from those of a regular share. ļæ½
Binance
Tokenization can be one of the ways to combine the traditional financial market and blockchain.
Have you already heard about tokenized stocks? š
#Binance #BinanceSquareTalks #TradFi #Crypto #blockchain