Home Venus Protocol Introduces Tokenized US Stock Lending On BNB Chain

Venus Protocol Introduces Tokenized US Stock Lending On BNB Chain

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Venus Protocol Introduces Tokenized US Stock Lending On BNB Chain
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Venus Protocol has started a new lending market on BNB Chain where users can borrow money using tokenized US stocks as collateral. This expands the platform beyond just cryptocurrencies and commodities, bringing traditional stocks further into the DeFi world.

The new lending feature uses Binance-issued bStocks, which are tokenized versions of US stocks. Venus announced on June 20 that users can now deposit these tokenized stocks as collateral, along with assets like Bitcoin, Ether, BNB, USDT, and USDC.

This feature lets investors get liquidity without selling their stocks. Instead of selling to raise cash, users can borrow against their tokenized holdings and still benefit if the shares go up in value.

Venus says the tokenized stocks are backed one-to-one by real shares and run directly on BNB Chain. Users can use the service through Binance Wallet, Trust Wallet, PancakeSwap, and other supported Web3 platforms.

This launch is another sign that traditional finance and decentralized finance are coming together. Venus already offered tokenized commodities like Matrixdock’s XAUm gold token, but adding stocks gives users many more collateral choices.

People in the industry have welcomed this change. Native.fi, which provides infrastructure for tokenized asset pricing and liquidity, said the partnership will help grow the usefulness and liquidity of tokenized stock markets.

This rollout comes just months after Venus dealt with a market manipulation attack on one of its assets. Even after that, Venus is still one of the biggest lending platforms on BNB Chain, with about $1.47 billion locked in.

This launch fits with Binance’s larger push to offer more tokenized assets and give blockchain access to traditional financial products. As tokenization becomes more popular, platforms like Venus are setting themselves up as important links between regular markets and decentralized finance.

The success of this project will depend on how many users join, how much liquidity grows, and how regulations change for tokenized securities. Still, this move shows growing confidence in the future role of tokenized stocks in decentralized finance.

 

 

 

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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