Tokenized equities reached a record $4.8 billion in assets under management in early November 2026, up 164% since June, according to Binance data. bStocks surpassed $1.5 billion 145 days after its June launch, making it the largest tokenized equity issuer by assets under management. Its market share reached 31.4%, while other participants’ combined assets under management rose 81% over the same period.
Binance Research said 56% of bStocks trading volume occurred outside regular U.S. stock exchange hours. Binance says each token is backed by a corresponding share or exchange-traded fund, but bStocks do not give holders direct ownership of the underlying assets. For eligible users outside the United States, some minimum purchases start at $5; round-the-clock trading does not guarantee constant liquidity or remove price risk.