Add as a preferred source on GoogleBinance Launches bStocks in UAE With Circle, Nvidia and Tesla
The tokenized securities product tracks selected U.S. stocks and ETFs, with trading starting at $5 and available around the clock.
Binance has launched its bStocks tokenized securities product for eligible users in the United Arab Emirates, opening access to price-tracking products tied to several U.S. stocks.
The initial lineup includes Circle Internet Group, Micron Technology, Nvidia, SanDisk and Tesla. The products use the tickers CRCLB, MUB, NVDAB, SNDKB and TSLAB, respectively.
bStocks are issued by BTech Holdings Limited, an affiliate of Binance Group. They track the prices of selected stocks and exchange-traded funds but do not represent ownership of the underlying securities.
Trading starts at $5 and is available 24 hours a day, seven days a week. Users can also transfer the products to compatible BNB Chain wallets for self-custody.
Additional bStocks already available on Binance will be introduced in the UAE after receiving the required approvals.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.