Binance has added seven new bStocks markets tied to Adobe, Forward Industries, Hewlett Packard Enterprise, PDD Holdings, SharonAI, Wendy’s and Zoom, extending its tokenized-securities lineup across technology, consumer and other U.S.-listed companies. According to Binance’s official September 30 announcement, ADBEB/USDT, FWDIB/USDT, HPEB/USDT, PDDB/USDT, SHAZB/USDT, WENB/USDT and ZMB/USDT began spot trading at 12:00 UTC. The seven products are tokenized certificates providing equity-linked economic exposure rather than direct shares in the underlying companies.
Binance enabled Spot Algo Trading Bots alongside the listings and said Rebalancing Bots would become available within 24 hours. Withdrawals opened at 13:00 UTC, while Convert access followed within one hour of spot trading. The new bStocks can trade around the clock, extending market access beyond conventional U.S. equity hours, although their legal structure remains distinct from directly holding the referenced stocks. Binance is waiving maker fees on the seven USDT pairs through October 31 at 23:59 UTC.
bStocks Offer Backed Exposure Without Direct Share Ownership
bStocks are issued by Binance affiliate BTech Holdings Limited and classified under the Abu Dhabi Global Market framework as Certificates representing certain Financial Instruments. Binance says each instrument is intended to be backed by a corresponding underlying security or eligible asset held through designated custody arrangements. Holding a bStock does not make an investor a shareholder of Adobe, Zoom or any other referenced issuer and does not directly convey voting, inspection or conventional dividend rights.
Corporate actions are instead handled through the product structure. Cash dividends received on underlying securities are generally reinvested after applicable taxes, fees and deductions, with the corresponding bStock balance adjusted through Binance’s multiplier mechanism. Eligible users may also convert between qualifying direct stock holdings and corresponding bStocks on a 1:1 basis, subject to product terms and operational limits. The 1:1 mechanism links the certificate to its underlying security but does not make the two instruments legally identical.
The expansion follows Binance’s September addition of AGPUB, AMCB and CYPHB bStock markets, which use the same certificate structure. Earlier rollouts had already expanded the bStock catalogue across U.S. equities and ETFs. The latest seven listings therefore extend an existing product framework rather than introducing a new form of tokenized equity.
Tokenized Securities Expand Beyond Binance Spot
All seven new bStocks use BEP-20 contracts on BNB Smart Chain, allowing eligible holders to withdraw the instruments to compatible wallets rather than keeping them exclusively inside Binance. The exchange separately added the same seven assets as eligible collateral for Cross Margin, Portfolio Margin and Portfolio Margin Pro from September 30. That makes the instruments usable beyond simple spot exposure, while also introducing the additional leverage and liquidation risks associated with collateralized trading.
Their on-chain format also places bStocks within a broader tokenized-asset market developing across decentralized venues. PancakeSwap, for example, has expanded markets for bStocks and other tokenized securities as part of a wider RWA trading business that surpassed $1 billion in reported volume. On-chain availability broadens potential distribution, but liquidity on decentralized pools and liquidity on Binance’s centralized order books remain separate market environments.
Access remains geographically restricted. Binance states that bStocks are offered through an approved ADGM prospectus and are available only to eligible users in permitted jurisdictions on a secondary-market basis. They are not offered in the United States or to U.S. persons. The seven new markets expand Binance’s tokenized-equity catalogue and trading utility, but they do not create universal access to the underlying U.S. shares or reproduce all of the legal rights associated with direct equity ownership.
Emma Lawson writes about the pressure points where crypto meets the outside world: regulation, exchanges, macro policy, tokenized assets and geopolitical risk. From the US, she follows the decisions and events that can change how capital moves, how platforms operate and how digital assets are treated by institutions.
Her work is direct and evidence-led. Emma is less interested in legal theatre than in practical consequences: what changed, who is affected, which risks are real and where the market may be overreacting. She brings a steady voice to complex stories, especially when regulation, infrastructure and global markets start pulling in the same direction.