Trust Wallet now supports bStocks on BNB Chain, letting users hold tokenized Tesla and Nvidia shares in self-custody with no KYC and access to DeFi lending and trading.
Trust Wallet now supports bStocks, giving users direct access to tokenized U.S. securities on BNB Chain. The self-custody wallet launched the feature Wednesday, letting eligible users swap USDT for tokens that track five stocks: TSLAB (Tesla), CRCLB (Circle Internet Group), MUB (Micron Technology), SNDKB (SanDisk Corporation) and NVDAB (Nvidia). No traditional brokerage account or KYC is required.
bStocks are tokenized securities that deliver economic exposure – price moves, dividends and stock splits are processed automatically. Users can lend or trade them across BNB Chain’s DeFi ecosystem immediately, including on Venus, Lista DAO, PancakeSwap and Aster, while still earning dividends on the underlying security.
“Stocks are one of the most popular financial assets in the world, and yet for too many people, the barriers to accessing them are still enormous,” said Felix Fan, CEO of Trust Wallet. “bStocks on Trust Wallet is a meaningful step toward removing those barriers – direct access to tokenized U.S. securities, 24/7, self-custodied, and composable across DeFi.”
The tokenized stock market has been growing quietly. A repeal of the SEC’s NMS rule would open more room for tokenized equities, as AlphaScala covered here. Trust Wallet’s move follows a broader push by wallets and exchanges to offer real-world assets onchain without requiring users to give up custody.
The simple framing is “stocks in your wallet, tradeable anytime.” But the better read is about composability. A user who holds NVDAB can lend it on Venus, borrow against it, or provide liquidity on PancakeSwap – all while the underlying Nvidia shares pay dividends. That combination of self-custody and DeFi access is the twist. It’s not available through any standard brokerage.
The catch is that bStocks remain tokenized exposure, not direct share ownership. The price tracking, dividend distribution and liquidity all depend on the token issuer and the BNB Chain infrastructure. Smart-contract risk is real. Trading volumes on the secondary market will matter for anyone who needs to exit quickly.
Among the five tokens, NVDAB tracks Nvidia, which carries an Alpha Score of 67 from AlphaScala. MUB tracks Micron, scored at 75. CRCLB tracks Circle Internet Group, scored at 28. The scores reflect each stock’s technical setup, not a recommendation.
The tokens are live now. More assets are planned, Trust Wallet said, without specifying which names or a timeline.
Prepared with AlphaScala research tooling and grounded in primary market data: live prices, fundamentals, SEC filings, hedge-fund holdings, and insider activity. Each story is checked against AlphaScala publishing rules before release. Educational coverage, not personalized advice.