Trust Wallet Announces First-Ever Support for bStocks, Enabling 7/24 Flexible Allocation of Tokenized US Stocks

Odaily Planet Daily News: Trust Wallet officially announced its first-ever support for bStocks tokenized US stocks. The initial batch of listed assets includes Tesla (TSLAB), NVIDIA (NVDAB), Circle (CRCLB), Micron Technology (MUB), and SanDisk (SNDKB). Trust Wallet users can directly allocate tokenized US stocks within the app 24/7 without needing to open a traditional brokerage account.

bStocks are issued by Binance and deployed on BNB Chain. The underlying equities are custodied by Alpaca, providing users with economic exposure to US-listed companies in the form of certificates. This includes synchronized reflections of corporate actions such as stock price fluctuations, dividend distributions, and stock splits. Additionally, bStocks seamlessly integrate with mainstream DeFi protocols like Lista, Venus Protocol, and PancakeSwap. While holding bStocks tokenized stocks, users can deploy these assets into the DeFi ecosystem to generate yields.

This integration represents Trust Wallet's latest move in deepening its RWA strategy and a further step in capturing the BNB Chain ecosystem.

Trust Wallet CEO Felix Fan stated: "RWA is one of the most important directions in the crypto industry. bStocks combine on-chain liquidity, DeFi composability, and real-world assets. What Trust Wallet aims to do is become the entry point for users to access all of this." Looking ahead, Trust Wallet will deepen its partnership with bStocks and continue integrating the latest bStocks tokenized US stocks.