Trust Wallet CEO Felix Fan announced on June 12, 2026, that the self-custody platform has officially integrated bStocks, Granting users direct access to tokenized U.S. securities. This rollout allows over 200 million global users to hold and trade shares of major American firms like NVIDIA and Tesla on the BNB Chain.
By utilizing this infrastructure, eligible investors can bypass traditional brokerage accounts while maintaining 24/7 access to their assets.
The integration of bStocks follows a closely related launch by Binance on June 10, 2026. These tokens provide economic exposure to price movements, dividends, and stock splits, all processed automatically on-chain. Each bStock is backed at a 1:1 ratio by physical U.S. shares held by a regulated custodian, ensuring that the digital token reflects the real-world value of the underlying equity.
This development is part of a broader trend involving the tokenization of real-world assets (RWAs). As Binance Chain token open interest surges, the inclusion of regulated securities provides a new layer of utility for decentralized finance. While transactions settle in under a second on the blockchain, redemptions back into physical stock positions are only processed during traditional market trading hours.
Initial bStocks assets and regulated infrastructure
At the launch on June 12, Trust Wallet revealed five initial tokenized securities: TSLAB (Tesla), NVDAB (NVIDIA), CRCLB (Circle Internet Group), MUB (Micron Technology), and SNDKB (SanDisk Corporation). Beyond this initial set, the platform plans to add SpaceX (SPCXB) in the future, pending its public listing on Nasdaq. These assets are accessible to users with a minimum investment as low as $5.
The system is backed by a robust regulatory and technical framework based in the Abu Dhabi Global Market (ADGM). BTech Holdings Limited issues the tokens, while Nest Trading Limited serves as the ADGM-regulated introducing broker. Alpaca Securities handles the clearing, custody, and corporate actions for the underlying shares, which are structured via an Abu Dhabi-based Special Purpose Vehicle (SPV).
Users can acquire these tokenized assets by swapping USDT directly within Trust Wallet. Corporate actions, such as dividends, are handled through a multiplier mechanism. Dividends are automatically reinvested, although they are subject to a 30% U.S. withholding tax before reinvestment occurs. This structure mirrors the tax realities of international investment in the American stock market.
Yield generation and DeFi composability for securities
One primary advantage of bStocks is their “composability,” which allows them to function within the existing DeFi ecosystem on the BNB Chain. Users do not have to leave their assets idle; they can lend their tokenized Tesla or NVIDIA shares on platforms like Venus or Lista DAO. This capability enables investors to earn additional yield while still receiving dividends from the underlying securities.
Trust Wallet CEO Felix Fan noted that while stocks are globally popular, the barriers to accessing them remain high for many. He described the addition of bStocks as a “meaningful step toward removing those barriers” by providing a self-custodial, 24/7 interface for equities. This move bridges the gap between traditional finance and the flexible infrastructure of the blockchain.
This initiative builds upon Trust Wallet’s history in the RWA space, which began when Trust Wallet launched support for tokenized Real-World Assets on September 3, 2025. That initial launch included U.S. stocks and ETFs powered by Ondo Finance. The current bStocks integration expands this ecosystem, offering standard BEP-20 tokens that are compatible with any BNB Smart Chain wallet.
Regulatory boundaries and regional availability of bStocks
Despite the decentralized nature of the wallet, bStocks are subject to strict geographical restrictions. The product is not available to “U.S. Persons” and cannot be accessed by users in the United States, the United Kingdom, or the European Union. These limits are dictated by the Approved Prospectus filed in the ADGM, which only allows the offering in specific permitted jurisdictions.
The introduction of bStocks represents a shift in how traditional equities are managed and held. Binance co-CEO Richard Teng stated that early demand for stock trading on the exchange showed a clear desire for flexible market access. By bringing these assets to a self-custodial environment, users gain greater portability and control over their financial holdings without relying on a centralized intermediary.
As the market for tokenized equities matures, Trust Wallet is positioning itself as a primary gateway for RWAs. While the current bStocks offering focuses on five specific companies, the platform has emphasized that more assets are coming soon. The ability to manage both digital currencies and tokenized traditional securities in a single interface marks a significant change in the wealth management landscape.