Binance Says Tokenized U.S. Securities Top $1 Billion in AUM
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Binance reported that its tokenized U.S. securities offering exceeded $1 billion in assets under management roughly four months after launch.
Binance said on Oct. 15 that assets under management in its tokenized U.S. securities offering had climbed above $1 billion.
The offering reached that level in approximately four months. Bitcoin.com News described it as the first tokenized equity product to pass the $1 billion threshold.
The supplied report did not include a breakdown of the securities held or investor participation, limiting the detail available on what drove the increase in assets.
Source: Bitcoin.com News
