According to a Binance Research report, its tokenized stock product bStocks reached $1 billion AUM in just 125 days—less than half the time it took Ondo (265 days)—and contributed over 60% of the tokenized stock market's growth during the same period. Currently, it accounts for 34.2% of the market's AUM. The report highlights that since late August, net inflows have generally matched or exceeded AUM growth, with the top five assets' AUM share dropping from around 97% to below 50%. In terms of user demographics, Gen Z makes up 46% of users but contributes only 8% of trading volume, while Millennials account for 78% of trading volume and have the longest holding periods. Users from emerging and frontier markets contribute approximately 70% of the trading volume. About 56% of trades occur outside regular U.S. stock market hours, and bStocks' utilization rate in DeFi (10%-14%) is higher than the market average (around 5%-9.5%). https://www.(wublock123.com)/news/binance-research-bstocks-asset-size-exceeds-1-billion-with-emerging-markets-contributing-approximately-70-of-trading-volume-70391