Binance bStocks Becomes Second-Largest Tokenized Stock Issuer
Binance bStocks has overtaken xStocks as the second-largest tokenized stock issuer with $610.6M in value, while Ondo remains leader at about $927M, according to Token Terminal.
Binance bStocks has moved into second place among tokenized stock issuers after overtaking xStocks. Its outstanding value now stands at $610.6 million, according to data cited from Token Terminal.
Ondo continues to lead the category with roughly $927 million in tokenized stock value.
The shift highlights ongoing competition among platforms bringing equity exposure on-chain. No additional details on flows or the timing of the move were provided.
Source: Cointelegraph