TechFlame News – According to an official announcement, Binance has launched bStocks, a 1:1 tokenized representation of US stocks. bStocks are issued by BTech Holdings Limited, an affiliate of the Binance group, and represent an interest in the underlying securities. They do not constitute direct ownership of the underlying listed company's stocks or shares. Users can convert their eligible stocks held on Binance's direct stock trading platform into corresponding bStocks at a 1:1 ratio, and can also convert them back to direct stock positions. This process comes with no lock-up period, no holding period, and no conversion fees. bStocks will be available for 24/7 trading on Binance's spot market and can be withdrawn to self-custody wallets or deployed on-chain in compatible DeFi protocols. Users can withdraw bStocks to Trust Wallet, Binance Wallet, hardware wallets, or other compatible addresses. The price of bStocks will be pegged to the underlying stock price via an oracle, with on-chain settlement occurring instantly. Redemption into direct stock positions will take place during market trading hours. The first batch of tradable bStocks includes Micron (MUB), Sandisk (SNDKB), Circle (CRCLB), NVIDIA (NVDAB), and Tesla (TSLAB), with plans to expand supported assets and related integrations in the future.