Binance has authorised the use of tokenised shares as collateral

From 21 September, Binance users can use bStocks tokenised shares as collateral for loans and risk management operations. Previously, this option was only available to the exchange’s high-net-worth VIP clients; the feature is now open to all users who have passed the standard account verification process.

bStocks are tokenised assets that track the value of real shares and are backed by them on a 1:1 basis. For example, an investor can hold a token linked to Tesla or Nvidia shares without selling it, whilst simultaneously using the asset’s value to secure a loan.

In particular, a user can borrow funds using bStocks as collateral and use them to purchase additional tokenised shares. However, leverage increases not only potential profits but also potential losses: if the value of the collateral falls significantly, the exchange may forcibly close the position.

Another option is to simultaneously borrow funds using bStocks as collateral and open a position that hedges against a fall in the price of the underlying share. Furthermore, Binance allows users to convert real shares in US companies into bStocks whilst retaining the right to receive dividends.

If the permissible debt-to-collateral ratio is exceeded, Binance may temporarily restrict account transactions until the risk level is reduced. Different terms apply to high-volume clients.

According to Binance, since the launch of bStocks in June 2026, the trading volume of tokenised shares has exceeded $30 billion.

For users in Kyrgyzstan, this tool allows them to borrow against dollar-denominated assets without selling their position in tokenised shares. In particular, when the KGS-to-dollar exchange rate changes, an investor can maintain their dollar exposure whilst simultaneously using the asset as collateral for a loan.