Svmuu News: Trust Wallet has 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 configure tokenized US stocks within the app 24/7 without needing to open a traditional brokerage account.
bStocks are issued by Binance and deployed on the 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 reflection of corporate actions such as stock price fluctuations, dividend distributions, and stock splits. Additionally, bStocks can be seamlessly combined with mainstream DeFi protocols like Lista, Venus Protocol, and PancakeSwap. While holding bStocks tokenized stocks, users can deploy their assets into the DeFi ecosystem to generate yield.
This integration marks Trust Wallet's latest move in deepening its RWA strategy and represents further significant engagement with the BNB Chain ecosystem.
Felix Fan, CEO of Trust Wallet, stated: "RWA is one of the most important directions in the crypto industry. bStocks integrate on-chain liquidity, DeFi composability, and real-world assets. What Trust Wallet aims to do is to become the entry point for users to access all of this." In the future, Trust Wallet will deepen its cooperation with bStocks and continue to integrate the latest bStocks tokenized US stocks.