Binance enables bStocks as collateral for margin trading, opening tokenized equities to millions more users
Summary
Binance announced on September 21, 2026, that its tokenized stocks, bStocks, can now be used as collateral for margin trading on Cross Margin and Portfolio Margin accounts for Regular and VIP 0-2 users. This update, previously exclusive to VIP 3 and above, allows a broader user base to pledge these BEP-20 tokens representing US equities and ETFs. New users must complete a suitability questionnaire and face ongoing monitoring to mitigate liquidation risks. The supported products include Tesla (TSLAB), NVIDIA (NVDAB), and various ETFs, though borrowing bStocks for shorting remains unsupported. The bStocks product launched on June 11, 2026, and has seen cumulative trading volume surpass $30B and assets under management reach $500M by late July 2026.
Key points
- bStocks can now serve as collateral for Cross Margin and Portfolio Margin accounts for Regular and VIP 0-2 users.
- New users must complete a suitability questionnaire and have positions monitored to reduce liquidation risks.
- The eligible bStocks include Tesla (TSLAB), NVIDIA (NVDAB), and several ETFs.
- Users cannot borrow bStocks for margin shorting, though they can pledge them.
- The bStocks product launched on June 11, 2026, with $30B+ in cumulative trading volume and $500M in AUM by late July 2026.
Timeline
bStocks product launched
Assets under management reached $500M
bStocks collateral access expanded to Regular and VIP 0-2 users
“The expansion, dated September 21, 2026, effectively democratizes a feature that was previously reserved for Binance’s higher-tier customers.”
Background
bStocks are BEP-20 tokens minted on the BNB Smart Chain, representing 1:1 exposure to US-listed equities and ETFs held by regulated custodians.
Why it matters
This move significantly increases the utility of tokenized equities, allowing millions of users to leverage their bStock holdings for trading.
What's next
Binance may eventually enable borrowing bStocks for margin shorting, a feature currently unavailable.