Binance expands its comprehensive financial application services by launching the bStocks service on Binance Bahrain

Binance, the leading global blockchain ecosystem and operator of the largest digital currency trading platform in the world in terms of trading volume and number of registered users, today announced the launch of the bStocks service for eligible users on Binance Bahrain, in a new step that reinforces its vision of transforming into a comprehensive financial application.

This launch enhances the growing Binance ecosystem beyond digital assets, as it allows eligible users of Binance Bahrain to access a selection of US stocks via tokenized securities, within one platform.

Through this step, Binance continues to link traditional finance with blockchain technologies, while the bStocks service provides users with an easier and more flexible way to diversify their investment portfolios while taking advantage of the advantages provided by blockchain technologies.

Using a single Binance Bahrain account, users today can access a wide range of financial services, including cryptocurrency trading, revenue generation products, and payments services.

The launch of bStocks reinforces Binance’s ambition to bring together multiple financial opportunities within an integrated and seamless system, making it easier for users to manage different categories of assets through one platform.

bStocks tokenized securities are designed to reflect the performance of a select group of US stocks and exchange-traded funds (ETFs).

These securities are issued by BTech Holdings Limited, a subsidiary of Binance Group, and each bStock aims to track the price of its corresponding underlying share, which is held at a licensed asset custodian without the bStocks representing actual ownership of the underlying shares.

By combining traditional investing with blockchain technologies, bStocks provides eligible users a simpler and more flexible way to access US stock markets, while remaining within the Binance ecosystem.

Eligible users of Binance Bahrain benefit from the following benefits:

Invest in amounts starting from just $5.

Trading 24/7, allowing users to trade outside traditional stock market business hours*. Please note that prices outside traditional trading hours may experience high volatility, and that trading during these periods involves additional risks.

Self-custody of assets, with the ability to transfer supported bStocks to compatible wallets on the BNB Chain network.

Leverage the capabilities of blockchain, allowing the use of supported bStocks modules via compatible blockchain applications.

Diversify investment portfolios by accessing both digital assets and tokenized US stocks via one trusted platform.

Corporate actions, including stock splits and dividend-related adjustments, are executed automatically according to the approved product structure, ensuring users’ continued investment exposure without the need for any manual actions.

Upon launch, eligible users will have access to tokenized securities representing:

Circle Internet Group (CRCLB/USDT)

Micron Technology (MUB/USDT)

NVIDIA (NVDAB/USDT)

SanDisk (SNDKB/USDT)

Tesla (TSLAB/USDT)

In addition to the above, a wide range of other bStocks units are also available on Binance Bahrain, and more are expected to be released gradually, subject to obtaining the necessary regulatory approvals.

Tarek Erk, President of the Middle East, North Africa and Turkey Region at Binance, said: “At Binance, we are working on developing a comprehensive financial application that brings together various financial services in one place, going beyond the concept of a digital currency trading platform.

The launch of the bStocks service in Binance Bahrain comes as a new step in this direction, as it allows users to invest in American stocks tokenized via blockchain technologies in a more convenient and flexible way, and in line with the style of managing financial affairs that users prefer today.

As we continue to expand our ecosystem, we focus on facilitating access to financial services, while linking the benefits of traditional finance with the capabilities offered by blockchain technologies.”

The launch of the bStocks service comes within Binance’s vision to provide an integrated financial experience that combines digital assets, traditional financial products, and real, tokenized assets in one place.

Instead of using multiple platforms to manage their investments, Binance allows users to easily access various financial opportunities through a single account.

To celebrate the launch of the service, Binance launched a limited-time campaign exclusively for eligible users of Binance Bahrain.