BNB Chain Holds 59.8% Of Franklin Templeton’s $2.55B Onchain Funds
Franklin Templeton holds $1.5B, or 59.8% of its onchain funds, on BNB Chain. Here is what the SEC’s BENJI collateral letter means for DeFi wallets.
Franklin Templeton holds $1.5B, or 59.8% of its onchain funds, on BNB Chain. Here is what the SEC’s BENJI collateral letter means for DeFi wallets.
Tokenized stock holders doubled to 1.31M as transfer volume jumped 179% and Binance’s bStocks closed on xStocks. Here is what it means for your wallet.
Binance halted its $557M SPCXx tokenized SpaceX sale after a share shortage, refunding USDC by June 12 and paying $1M in SPCXB compensation.
Binance launched bStocks, tokenized Tesla and Nvidia shares on BNB Chain from $5, self-custody ready and usable in DeFi for eligible non-US wallets.
Binance relisted 10 Ondo tokenized stocks like AAPLon and TSLAon on Binance Alpha. Non-US wallets can trade them on-chain and use them as DeFi collateral.
Binance keeps 50% of Alpaca’s order-flow fees and 65% of stock-lending profit on tokenized stocks. On a DEX, a self-custody wallet keeps that spread.
Binance and Aster DEX listed OpenAI pre-IPO perpetuals on May 26 at $1,600 ahead of OpenAI’s $1 trillion target September IPO.