Binance Add 7 types of bStocks tokenized securities as margin collateral assets
BIBIBI
AT A GLANCE
Binance will add 7 types of bStocks tokenized securities as margin collateral assets for certain accounts.
Article
Binance new PDDB and other 7 types of bStocks tokenized securities as margin collateral assets
BlockBeats news,September 30, according to Binance announcement,Binance will, starting from September 30 20: 00（UTC+8) add 7 types of bStocks tokenized securities as eligible collateral assets, including PDD Holdings（PDDB）、Forward Industries（FWDIB）、SharonAI（SHAZB）、Wendy's（WENB）、Adobe（ADBEB）、Hewlett Packard（HPEB) and Zoom (ZMB). Eligible users may use the aforementioned bStocks tokens as margin collateral assets, and the relevant bStocks trading pairs will also support margin trading. At present, the above assets are supported only as collateral assets for Cross Margin, Unified Trading Account, and Unified Trading Account Pro, and do not currently support borrowing.
Original link https://m.theblockbeats.info/flash/369691
Key points
01
Binance The announcement stated that, from September 30 20: 00（UTC+8), 7 types of bStocks tokenized securities would be added as eligible collateral assets.
02
The applicable scope includes Cross Margin, Unified Trading Account, and Unified Trading Account Pro.
03
7 The assets include PDD Holdings（PDDB）、Forward Industries（FWDIB）、SharonAI（SHAZB）、Wendy's（WENB）、Adobe（ADBEB）、Hewlett Packard（HPEB) and Zoom (ZMB）。
04
Eligible users may use the aforementioned bStocks tokens as margin collateral assets.
05
The relevant bStocks trading pairs will also support margin trading, but the above assets do not currently support borrowing.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This means that eligible users can place these 7 types of tokenized securities in designated accounts and use them as margin collateral. However, the evidence clearly states that they cannot temporarily be used for borrowing.
Why it matters to readers
This expands the range of collateral assets that can be used by designated accounts and enables the relevant bStocks trading pairs to support margin trading.
Margin collateral assets are collateral accepted by a trading platform; margin trading allows users to trade using collateral, but may also involve more complex risks.
Risks and unknowns
The evidence does not specify the eligibility requirements for users.
The evidence does not provide parameters such as the collateral discount rate or collateral limits for each asset.
The evidence only states that the relevant trading pairs support margin trading, without specifying the actual available scope or liquidity.
The evidence does not include the Binance original announcement, and the announcement content requires further verification.
Related Developments
Loading event timeline…
Related concepts
Tokenized Securities
This term is not in the glossary yet. Browse related concepts in the glossary.
