Binance bStocks' asset management scale surpasses 888 million USD

Binance announced that the asset management scale of bStocks has exceeded 888 million USD. Users can use eligible bStocks stock tokens for full-margin leverage accounts and unified margin accounts, enriching collateral options and enhancing the flexibility of fund usage. As of the time of reporting, bStocks has supported 95 types of stock tokens as collateral, with applications extending from asset holding to scenarios such as collateral and leveraged trading.

Starting from September 21, the bStocks collateral and related leveraged trading functions will be further opened to regular, VIP 1, and VIP 2 accounts, which were previously only available to VIP 3 and above users. More users must meet requirements such as suitability assessments before they can use these features. For regular users, VIP 1, and VIP 2, Binance has introduced additional risk control measures, requiring users to pass a suitability assessment questionnaire before using bStocks as collateral or engaging in related leveraged trading.