Binance's Tokenized Stocks Reach $500M in AUM
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Insights by Echo AI
Binance's tokenized stocks, known as 'bStocks', have surpassed $500M in Assets Under Management (AUM) within just seven weeks of their launch. The platform now offers tokenized versions of over 7,000 stocks, including Tesla and Nvidia, and has recently added 10 new pairs including Apple and Amazon. The rapid growth is attributed to users prioritizing the transparency of on-chain records.
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