Binance bStocks Tops $610M, Overtakes xStocks Within Two Months
9 Articles
9 Articles
Ripple Moves 50M XRP, Sends 1M to Binance
A Ripple-linked address has moved 50 million XRP to an unknown wallet after receiving 150 million XRP earlier this month. On-chain data shows that the Ripple (50) address sent the 50 million XRP worth $50.5 million at the time to raRV…yNRf on Aug.Visit Website
Binance bStocks tops $610M, overtakes xStocks within two months
Binance bStocks has overtaken xStocks to become the second-largest tokenized stock issuer by value, less than two months after the product entered the market. Token Terminal data showed bStocks reached about $624 million in value on Aug. 3, moving ahead…
Key points of the news: Binance bStocks became the second largest tokenized share issuer less than two months after its launch, reaching $610.6 million and surpassing xStocks, with $601.2 million. Token Terminal’s data show that the Tokenized stock market grew from approximately $80 million a year ago to about $2.7 billion today. Ondo continues as the largest issuer, while Binance’s rapid rise demonstrates how a large user base can quickly trans…
Binance bStocks Hits Second-Largest Tokenized Stock Issuer in Under Two Months
Binance did it fast. Less than two months after launching bStocks, the exchange has pushed past Kraken’s xStocks to claim… Read the original on Binance bStocks Hits Second-Largest Tokenized Stock Issuer in Under Two Months. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Gate Follows Binance into US Equities with 10,000 Stocks and ETFs
Alpaca has partnered with cryptocurrency platform Gate to support its launch of US stocks and exchange-traded funds, initial public offering allocations and tokenized stocks.Gate’s move follows a broader push by cryptocurrency exchanges into traditional equities. In June, Binance added 7,000 US stocks to its platform, with Alpaca providing custody, dividend processing and corporate-action support. The trend is giving retail investors and traders…
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