Add as a preferred source on GoogleBinance Adds Five Tokenized Securities as Margin Collateral
The additions cover cross-margin, Portfolio Margin and Portfolio Margin Pro. The tokens cannot be borrowed, and some users must complete a suitability questionnaire.
Binance plans to add five bStocks tokenized securities as collateral across its margin services on Oct. 21, with the corresponding pairs also opening for margin trading.
The eligible products are RoboStrategy Inc. (BOTB), Berkshire Hathaway (BRKBB), KraneShares 科创50 ETF (KSTRB), Direxion 三倍做多20年期美债ETF (TMFB) and Vistra Corp. (VSTB). The change covers Binance’s cross-margin service, Portfolio Margin and Portfolio Margin Pro.
The collateral designation does not make the tokens available to borrow. Users cannot borrow the five assets, while margin trading will be available for their corresponding pairs alongside the collateral change.
Access is limited by account location and eligibility steps. Users in restricted regions cannot use the assets. Regular users and VIP 1 and VIP 2 customers must complete a suitability assessment questionnaire before using them.
The update adds five tokenized securities to the collateral options across Binance’s three listed margin services.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.