The 1inch dApp and Wallet now list 77 tokenized stocks and ETFs on BNB Chain. That means a DeFi aggregator best known for routing token swaps now also handles exposure to US equities. The products come from bStocks, a platform that went from a short list of assets to a fairly crowded shelf in a matter of weeks. What 1inch actually added The listed assets are bStocks: BEP-20 tokens that are 1:1 backed by US equities. BEP-20 is the token standard on BNB Chain, roughly the equivalent of ERC-20 on Ethereum. Each token represents a claim on a real share sitting somewhere in the traditional financial system. Holding the token is meant to track the stock, without opening a brokerage account. Users can now trade these tokens directly through 1inch’s aggregator and its wallet interface. The aggregator scans available liquidity and routes orders to get users a better execution price. A few features stand out in how bStocks are structured: 24/7 trading. The tokens trade around the clock, unlike the stocks they track, which keep exchange hours. Zero conversion fees to the underlying traditional shares on Binance. Full self-custody. Holders keep the tokens in their own wallets rather than with ...
1inch lists 77 bStocks tokenized equities and ETFs on BNB Chain
4 weeks ago
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