Binance, the world’s largest cryptocurrency exchange by trading volume, has expanded access to bStocks collateral functionality to all eligible users, including non-VIP accounts, according to information shared with Finbold on September 21, 2026.
Previously restricted to VIP 3 and above users, the feature now allows a broader base of traders to use supported tokenized stock assets as collateral for futures and margin trading.
bStocks are tokenized securities designed to track publicly listed stocks and exchange traded funds (ETFs), fully backed and freely convertible 1:1 to the corresponding underlying asset.
Supported bStocks can be used as collateral across Cross Margin and Portfolio Margin accounts, subject to applicable haircuts, collateral ratios, and regulatory requirements.
Since their June 2026 launch, bStocks have surpassed $30 billion in cumulative trading volume in less than 90 days.
Three new ways users can deploy tokenized stock holdings as collateral
The expansion introduces three practical use cases for bStocks holders. The first is leveraged acquisition, where users can borrow quote assets to purchase bStocks in Cross Margin or Portfolio Margin accounts with up to 5x leverage.
The second is stock conversion, allowing existing stockholders to convert their stocks to bStocks and expand utility within the crypto ecosystem while remaining eligible for dividend distributions.
The third is dual-use collateral and hedging: in a Portfolio Margin account, bStocks can serve simultaneously as collateral and as the hedge for a futures short position. A user holding Tesla bStock, for example, can borrow USDT against it while opening a TSLAUSDT futures short to hedge downside risk without posting additional collateral.
“The powerful use case is that users do not need to think about tokenized equities and crypto positions as separate portfolios,” said Shunyet Jan, Head of Exchange and Trading at Binance. “They can maintain continuous exposure to a sector or ETF-linked bStocks while using those same assets as collateral to manage risk or pursue tactical opportunities. That is where tokenization starts to become truly useful.”
To protect users in lower VIP tiers, Binance has introduced additional risk controls for VIP 0 to 2 accounts holding bStocks as collateral. Accounts exceeding certain risk thresholds may face temporary restrictions, which are automatically lifted once the account returns to a safe risk level. VIP 3 and above users are exempt from these controls.
Featured image via Shutterstock.
