Binance’s bStocks platform surged to second place among tokenized stock issuers within weeks of its June launch.
Binance’s bStocks surpassed xStocks as the second-largest tokenized stock issuer by value on August 3, 2026, according to data. The platform, launched on June 11, allows investors to trade US stocks via blockchain tokens without owning the underlying shares.
Binance attributed bStocks’ rapid growth to its existing user base. Tokenized stock values for the top issuers were tracked on August 3, 2025, August 2, 2026, and August 3, 2026, showing a shift in market dominance.
The development follows Ondo’s strategic pivot from a layer-1 blockchain to an offchain execution network, reflecting broader industry adjustments.