Block Street Launches Tokenized Stock Liquidity Layer on BNB Chain
Block Street officially unveiled its mainnet today, setting up a $10 million liquidity layer on BNB Chain.This move follows a prosperous testnet that drew over 200,000 users in just seven days.
the platform allows users to borrow, short, and hedge popular stocks like Apple and NVIDIA directly on-chain.It marks a significant leap forward for decentralized finance (DeFi).
BNB Chain’s low fees and quick block times support Block Street’s hybrid liquidation engine. This helps prevent large-scale liquidations during market turbulence. The network’s compatibility with EVM also makes it easy for developers to add tokenized stocks to existing DeFi products.
- BNB Chain offers robust infrastructure for Block Street’s operations.
- Developers can easily integrate tokenized equities into DeFi systems.
Hedy Wang, Co-Founder of Block Street, said launching on BNB Chain unlocks new possibilities for tokenized equity. “It’s about making DeFi truly useful,” Wang noted.
This launch reflects a growing trend in crypto—bringing real-world assets on-chain. However, it’s not without risks. Recent data shows a 220% surge in tokenized stocks but raises concerns about security and operational integrity.
Block Street’s move broadens the tokenized equities market, attracting retail investors globally. Yet, it also faces challenges such as oracle risks and custodial failures, wich the platform must address moving forward.
