Trust Wallet Adds 24/7 Access to bStocks on BNB Chain

Trust Wallet has added support for bStocks, allowing eligible users to swap USDT for tokenized U.S. securities on BNB Chain and hold them in their self-custody wallets at any time. The initial offering includes five tokenized instruments: TSLAB (Tesla), NVDAB (NVIDIA), CRCLB (Circle Internet Group), MUB (Micron Technology) and SNDKB (SanDisk).

bStocks are structured as tokenized certificates that provide economic exposure to the underlying equities. They are designed to track price movements, process stock splits and distribute dividends automatically while remaining tokens on BNB Chain; holders do not obtain direct ownership of the underlying shares.

On BNB Chain, holders can use bStocks across decentralized finance applications. Trust Wallet noted users can lend bStocks on platforms such as Venus and Lista DAO or trade them on decentralized exchanges including PancakeSwap and Aster, while continuing to receive dividends tied to the underlying securities.

Trust Wallet does not require traditional brokerage onboarding for access, consistent with its self-custody model, but eligibility checks apply. bStocks are offered through an Approved Prospectus in the Abu Dhabi Global Market and are available only to eligible users in permitted jurisdictions on a secondary-market basis.

Access is restricted in several large markets. bStocks are not offered for purchase or sale in the United States, the United Kingdom or the European Union and may not be available to U.S. persons. Trust Wallet noted product availability may change for legal, regulatory, operational, sanctions, tax, market or risk-control reasons and advised users to confirm local legality before trading.

The company listed multiple risks tied to tokenized securities, including liquidity, issuer, custody, broker, operational, technology, regulatory and tax risks, as well as fees, withholding, transfer restrictions and the potential loss of the entire investment. Trust Wallet added that bStocks do not represent ownership of, or any affiliation with, the issuers of the underlying assets and that the product is provided by third parties subject to their own terms.

Felix Fan, Trust Wallet’s CEO, described bStocks as a way to provide direct, around-the-clock access to tokenized U.S. securities from self-custody wallets and indicated more tokenized assets are planned for future rollout.