Binance Adds Four Tokenized U.S. Securities as Margin Collateral
The new bStocks assets will be available to eligible users across Binance margin trading and Unified Account products starting Oct. 7.
Binance will add four bStocks tokenized U.S. securities as eligible collateral for margin trading and Unified Account products starting Oct. 7, expanding the assets available to qualifying users.
The assets are Securitize Corp (SECZB), StablecoinX Inc. (USDEB), JPMorgan Chase (JPMB) and Eli Lilly (LLYB). Binance will make them available as collateral for full-position margin trading, Unified Account and Unified Account Pro.
Eligible users will be able to use the four tokens as margin collateral within those products.
The addition gives Binance users another group of collateral assets for supported margin and unified-account activity. Availability is scheduled to begin Oct. 7.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.