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Binance Exchange Launches bStocks Tokenized Securities: 1:1 Backing and 24/7 Trading

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ABU DHABI, UAE, June 12, 2026 /PRNewswire/ —  Binance Exchange has announced the admission to trading of bStocks, fully-backed tokenized securities representing select U.S. stocks issued by BTech Holdings Limited, a Binance group affiliate (“Issuer”). Eligible users can trade bStocks 24/7 and hold on Binance, self-custody them through BNB Chain-compatible wallets, and use them across supported DeFi applications.

At launch, the first bStocks listings will be Circle Internet Group (CRCLB/USDT), Micron Technology (MUB/USDT), NVIDIA (NVDAB/USDT), Sandisk (SNDKB/USDT), and Tesla (TSLAB/USDT). SpaceX (SPCXB/USDT) is planned for trading, pending SpaceX’s public listing on Nasdaq, with additional bStocks admission for trading on Binance Exchange to be announced progressively.

First previewed in Binance‘s recent announcement introducing U.S. equities trading, bStocks combines traditional investing with the flexibility of on-chain transferability. The launch also advances Binance‘s mission to democratize access to financial opportunities across asset classes and market stages — from private-market exposure through Pre-IPO perpetuals, to public equities, to tokenized real-world assets.

Users can convert between supported underlying equities (purchased through Binance‘s broker-dealer entity Nest Trading Limited) and bStocks at a 1:1 ratio with zero conversion fees. With fractional shares starting from as little as $5, bStocks makes investing more accessible.

The launch of bStocks follows regulatory approval of the Issuer’s prospectuses by the ADGM’s Financial Services Regulatory Authority. bStocks are designed as a Certificate over select U.S. stocks and ETFs. Each bStock is backed 1:1 by a corresponding underlying share held with a regulated custodian.

“Early demand for stocks trading on Binance shows that users want more flexible ways to access traditional markets,” said Richard Teng, co-CEO of Binance. “bStocks are the next step in that evolution, bringing real-world assets on-chain while giving users greater portability and self-custody. As tokenization gains momentum, Binance is helping bridge traditional finance and crypto infrastructure in a way that is simple, secure, and user-driven.”

As standard BEP-20 tokens on BNB Chain, bStocks are compatible with wallets and on-chain applications across the ecosystem, with planned integrations to be announced progressively.

Corporate actions such as stock splits and dividend-related adjustments are processed automatically, helping users maintain continuous exposure without requiring manual action.

Binance is offering zero maker fees for the initial bStocks trading pairs for a limited time, subject to applicable terms and conditions.

Disclaimer: bStocks Tokenized Securities are classified as Certificates representing certain Financial Instruments (paragraph 92, Schedule 1 to FSMR). bStocks are not stocks or shares and bStocks do not allow holders to directly own a share or stock in the underlying listed company. bStocks do not represent any affiliation with the underlying asset’s issuer.  bStocks are offered through an Approved Prospectus in the ADGM and are not offered in any other jurisdiction. No public offer is made outside of the ADGM. Tokenized Securities are available only to eligible users in permitted jurisdictions on a secondary market basis only. It is your sole responsibility to ensure that accessing and trading Tokenized Securities is lawful in your jurisdiction before proceeding. Accessing this product from a jurisdiction in which it is prohibited or restricted does not create any liability or obligation on the part of Binance. We may restrict, suspend, reject, cancel, or unwind access or transactions if we determine, in our sole discretion, that your access or transaction may breach applicable law, product restrictions, eligibility criteria, sanctions requirements, or the relevant offering documents.

No information displayed in connection with Tokenized Securities is intended as an offer, solicitation, promotion, recommendation, or invitation to buy or sell securities in any jurisdiction. Tokenized Securities are not offered, sold, distributed, made available, or accessible in the United States or to, or for the account or benefit of, U.S. persons. The Tokenized Securities have not been and will not be registered under the U.S. Securities Act of 1933 or any U.S. state securities laws and a public offering of bStocks will not be conducted in the United States or any other jurisdiction (other than the ADGM). By accessing this product, you represent and warrant that you are not a U.S. person, are not located in the United States, are not acting for the account or benefit of any U.S. person, and will not access, purchase, sell, transfer, redeem, or otherwise transact in Tokenized Securities from within the United States.

For more information, see the Terms of Use, Exchange Rules, Exchange Procedures, relevant Prospectus (if applicable to you and understanding that the offer is only made in ADGM, no public offer is being made elsewhere and viewing the prospectus does not constitute an invitation or solicitation outside ADGM), bStocks Minting and Redemption Product Terms, Admission to Trading Notice and Risk Warning.

About Binance
Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 320 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com.

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SOURCE Binance

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AU Small Finance Bank raises FCNR Deposit Rates to 7.10%*, Strengthens End-to-End NRI Banking Proposition

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June 12, 2026

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MUMBAI, India, June 12, 2026 /PRNewswire/ — AU Small Finance Bank (AU SFB), India’s largest Small Finance Bank and the first institution in over a decade to receive in-principle approval from the Reserve Bank of India (RBI) to transition into a Universal Bank, has significantly enhanced its Foreign Currency Non-Resident [FCNR (B)] deposit rates, with the peak USD deposit rate increasing from 5.15% p.a. to 7.10%* p.a., effective June 10, 2026. This revision underscores the Bank’s strategic focus on strengthening its NRI franchise amid rising demand for stable foreign currency deposits and diversified funding sources.

FCNR deposits remain a key channel for mobilising overseas Indian savings into India, while offering protection against exchange rate fluctuations.

Available in US Dollars, FCNR deposits offer NRIs a fully repatriable investment avenue with income tax exemption in India on both principal and interest, along with attractive returns on overseas earnings.

Product

Earlier Peak Rate

Revised Peak Rate

FCNR

5.15 %

7.10%*

* Interest on FCNR (B) deposits is paid out semi-annually.

Further strengthening its NRI proposition, AU SFB has also introduced zero forex margin and zero bank charges on eligible inward and outward remittances, placing it among the few private sector banks in India to eliminate embedded forex mark-ups that can typically erode up to 2% of transfer value.

Under this proposition, customers benefit from currency conversion at the Bank’s Interbank Reference Rate (IBR) with no additional transaction charges. This significantly enhances the efficiency of cross-border money movement for NRIs. With a compelling combination of high USD-denominated returns, zero-cost remittances, and seamless servicing, AU SFB is well positioned as a preferred banking partner for NRIs seeking efficient wealth management and savings solutions in India.

https://www.au.bank.in/interest-rates/au-fcnr

About AU Small Finance Bank

AU Small Finance Bank Limited (AU SFB) is a Scheduled Commercial Bank and has established itself as India’s largest Small Finance Bank since commencing its banking operations in April 2017. Founded in 1996 by Mr. Sanjay Agarwal, a first-generation entrepreneur, AU is entering its 10th year as a Bank.

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Dragonpass APAC Loyalty Index: 53% of High-Income Consumers Say Bank Rewards No Longer Match Their Lifestyle Needs

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June 12, 2026

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SINGAPORE, June 12, 2026 /PRNewswire/ — For years, loyalty programmes across banking, credit card, and financial institutions have been built around a familiar formula: collect points, unlock perks, repeat. But across Asia-Pacific, consumers are beginning to expect something different.

According to the APAC Loyalty Index released by Dragonpass, the region’s loyalty economy is rapidly shifting away from transactional rewards toward lifestyle relevance, emotional trust, and everyday utility. The study, which surveyed consumers across Southeast Asia and China, found that while “trust” remains the foundational driver of brand loyalty, consumers increasingly demand value that feels immediate and personalised.

The results highlight growing fatigue with traditional loyalty mechanics in the region. While 80% of respondents stay loyal to their bank because it is the most secure option for their money, 28% say their loyalty rewards simply do not match their lifestyle — and a striking 53% of high-income earners find their current loyalty rewards are misaligned with their actual needs.

Travel and Digital Concierge as the New Loyalty Levers

The Index highlights that travel remains the most powerful tool for customer retention. Younger consumers and affluent segments demonstrated a strong preference for integrated digital concierge services, premium travel experiences, and personalised lifestyle benefits. This highlights the convergence of financial services and lifestyle ecosystems across APAC markets.

“The traditional loyalty model was designed around transactions, but consumers today demand something far more intuitive and integrated into their lifestyle,” said John Su, Group CGO & APAC CEO of Dragonpass. “They expect their banks or financial providers to play an active role in their everyday lives. This is exactly where we have invested heavily, not only in spanning our global travel, dining, and premium lifestyle services, but in the technology that is designed precisely to close this gap, helping financial institutions deliver relevant, real-time value at every stage of the customer lifecycle.”

For banks, fintechs, and payment brands, the implications are significant. As competition intensifies and switching barriers continue to fall, loyalty is increasingly becoming a strategic growth lever rather than a marketing add-on. The brands most likely to retain high-value customers may ultimately be those that can turn loyalty from a points programme into a seamless part of consumers’ lifestyles.

About Dragonpass

Dragonpass is a global travel and lifestyle platform delivering premium travel and lifestyle experiences to 40+ million members worldwide.

Media Contact
Email: brandmarketing@dragonpass.com
Website: www.dragonpass.com

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SOURCE Dragonpass

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VeriTrade™ from Vermiculus wins ‘Best Matching Engine for Exchanges and Electronic Trading Venues’ at TradingTech Insight Awards USA 2026

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34 seconds ago

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June 12, 2026

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Powering 24/7 markets across all asset classes and trading models

NEW YORK, June 12, 2026 /PRNewswire/ — Vermiculus, a global independent provider of market infrastructure solutions, and its trading product VeriTrade has been awarded Best Matching Engine for Exchanges and Electronic Trading Venues at the 2026 TradingTech Insight US Awards 2026. 

The award recognizes VeriTrade’s innovation in delivering 24/7 trading, ultra-low, deterministic latency and extreme throughput (18us @50,000tps, 100us@850,000tps), combined with the flexibility and scalability required to support modern, continuously operating markets. 

“It is great to see VeriTrade recognized with this award,” says Johan Norén, System Architect for VeriTrade at Vermiculus. 

“With markets moving towards 24/7 trading, the ability to operate reliably around the clock is becoming critical. VeriTrade is designed with this in mind, combining deterministic performance with key capabilities such as intra-day updates of reference data, resilient architecture, and advanced memory management, ensuring stable and predictable operations in continuously running markets.”

Built on a modular design, VeriTrade also supports emerging use cases such as prediction markets alongside crypto and traditional asset classes both for exchanges targeting institutional as well as retail customers.

Its flexible architecture allows venues to adapt quickly to evolving market demands and regulatory requirements, without compromising performance. 

Vermiculus index engine further extends VeriTrade with integrated index capabilities, enabling markets to build and grow their index business. It supports both Price Return and Total Return indices and enables additional calculation methodologies to be introduced as needed.

VeriTrade can be deployed in the cloud, on-premises, or in a hybrid setup. This gives operators flexibility while keeping full control of their infrastructure.

“We have no strategic, commercial, or technical alignment with any specific cloud, hosting, or infrastructure provider. This allows our clients to retain full flexibility and control over their technology choices,” comments Alexander Kilian, Principal Architect at Vermiculus.

All Vermiculus solutions are built, delivered, and supported using Vermiculus project model with dedicated teams. This ensures deep expertise, continuity, and world-class support throughout the entire system lifecycle. 

Johan Norén, System Architect for VeriTrade, and Alexander Kilian, Principal Architect.

About Vermiculus Financial Technology

Vermiculus Financial Technology AB provides best-in-class trading, clearing, and CSD solutions to market participants around the world. Vermiculus’ solutions are the first to bring state-of-the-art advances in dynamic microservice architecture together with vast experience in clearing house, exchange, and CSD business requirements. The company started its operation in 2020 and is founded by industry experts with the incentive to revolutionize the technology of exchanges, clearing houses, and CSDs. With its headquarters in Stockholm, Sweden, Vermiculus consists of hand-picked teams, trained to deliver mission-critical solutions. With decades of accumulated knowledge and expertise, the team has previously completed 5+ projects for the world’s largest exchanges, clearing houses, and CSDs. 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/vermiculusft/r/veritrade–from-vermiculus-wins–best-matching-engine-for-exchanges-and-electronic-trading-venues–a,c4362103

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