BlockBeats News, July 22, Binance announced that it will add 10 bStocks tokenized stocks as eligible collateral assets for Cross Margin, Portfolio Margin, and Portfolio Margin Pro, further expanding the margin trading support.
The newly added assets include: Korea Bull 3X ETF (KORUB), AXT (AXTIB), CoreWeave (CRWVB), Direxion MU Bull 2X ETF (MUUB), GraniteShares 2X Long MRVL ETF (MVLLB), Tradr 2X Long SNDK ETF (SNXXB), GraniteShares 2X Long INTC ETF (INTWB), ProShares UltraPro QQQ (TQQQB), Quantinuum (QNTB), and Oracle (ORCLB).
Binance stated that the corresponding bStocks trading pairs will also support margin trading simultaneously, and eligible users can use these tokenized stocks as collateral assets to expand the asset selection in margin trading.
Currently, these bStocks assets are only supported for use as collateral and do not yet support the borrowing function. This service is only available to VIP 3 and above users in eligible regions.
