Binance’s bStocks tokenized-stock product has reached a record $1.5 billion in assets under management, $500 million above the level the company announced Oct. 15, while separate trading data show activity across emerging and frontier markets.
Binance Research previously estimated that bStocks took 125 days from launch to reach $1 billion, compared with 265 days for Ondo Finance. The latest record is $500 million above Binance’s announced $1 billion milestone.
Assets under management measures the value of assets managed for the product. Trading value tracks activity over a period, so the $1.5 billion figure does not describe how much bStocks traded.
Binance Research estimated that users in emerging and frontier markets accounted for about 70% of bStocks trading value from June 11 through Oct. 11. That figure describes the share of trading activity, not those users’ share of assets under management. EconoTimes previously covered the estimate and bStocks’ trading mix.
