PANews reported on April 30 that the tokenized stock platform xStocks has been launched on BNB Chain, initially offering more than 50 tokenized US stocks and ETFs, including Apple, Tesla, Nvidia, and the S&P 500 ETF. More than 100 more assets will be added in the coming weeks.

Currently, the tokenized assets are available for trading on PancakeSwap and CowSwap, and will soon be integrated with 1inch. In addition to direct trading, these tokenized shares can also be used as collateral for lending and integrated into structured yield strategies, and will be further integrated with protocols such as Chainlink, Venus Protocol, and Flux in the future.

BNB Chain currently has an on-chain RWA scale of $3.8 billion, approximately 45,000 holders, and a transaction volume of $1.17 billion, making it the second largest RWA public chain.