Binance bStocks assets under management surpass $1.5 billion... no shareholder rights

Binance’s tokenized-equity product bStocks has surpassed $1.5 billion in assets under management, with Binance Research putting total tokenized-stock AUM at $4.8 billion while RWA.xyz showed $4.01 billion for the sector and $1.6 billion across 104 bStocks products as of the 12th. Holders gain tokenized exposure to underlying shares but no shareholder rights in the companies. The milestone matters because it shows tokenized equities scaling as a real asset class on crypto rails, even as measurement differences between AUM and distributed value complicate growth comparisons. Watch next for clearer disclosure standards and whether bStocks can keep expanding without direct equity ownership rights.