Binance Users’ Traditional Finance Assets Top $3B

Cointime update: Binance users now hold more than $3 billion in traditional financial assets through the exchange’s Direct Stocks and bStocks products, Binance disclosed on November 10. bStocks said the same day that its tokenized stock products reached $1.5 billion in assets under management, with trading starting from as little as $5. Binance did not disclose the reference date for the $3 billion figure, the asset breakdown, or each product’s share.