Binance said it will add four bStocks tokenized securities as eligible collateral on its platform, expanding the range of assets users can put up for borrowing-related activity. The exchange said the change will allow users to use those tokenized securities as collateral for services such as loans on Binance. It did not name the four newly added bStocks products in the announcement cited by Techub News. Binance said details on which tokenized securities will be included will be released in a later notice. No launch date or additional terms were provided in the brief update.
Binance said it will add four bStocks tokenized securities as collateral assets on its platform.
Once available, users will be able to use those tokenized securities as collateral for borrowing and related activity on Binance.
The exchange did not disclose which four bStocks tokenized securities are being added. Binance said it will provide those details in a later announcement.
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