Binance announced via its official X account that the total assets under management (AUM) for stock tokens listed on its platform has surpassed $1 billion. This is the first time a centralized cryptocurrency exchange has publicly disclosed a billion-dollar AUM figure for tokenized equities, marking a significant step in the integration of CeFi with traditional financial instruments.
Binance launched zero-commission stock token trading in 2021, allowing users to buy tokenized versions of major US stocks such as Apple, Tesla, and NVIDIA using BUSD. The $1 billion milestone reflects strong user adoption of compliant crypto-based derivatives and validates the liquidity and practicality of tokenized securities within a centralized exchange environment.
It is important to note that this figure includes only stock-related tokens, not cryptocurrencies, stablecoins, or DeFi products. Binance did not disclose the exact allocation among individual stock tokens, but market watchers believe tech giants like Tesla and NVIDIA likely account for a large portion. Following the announcement, BNB saw a slight uptick, though the broader market reaction was muted. In the long term, this achievement could bolster institutional confidence in tokenized securities as a legitimate asset class.