Block Street brings $10m liquidity push for tokenized stocks on BNB Chain

Following a testnet that captivated 200,000 users, Block Street transitions to mainnet with substantial liquidity. Its launch on BNB Chain aims to capture a massive retail user base eager for on-chain stock exposure.

Summary

Block Street launches a $10 million liquidity layer for tokenized stocks on BNB Chain.
Mainnet follows a testnet that attracted over 200,000 users in one week.
Platform enables borrowing, shorting, and hedging of equities like AAPL and NVDA on-chain.

According to a press release shared with Crypto.News on August 21, Block Street has officially launched its unified liquidity layer on BNB Chain, initiating its mainnet phase with a $10 million liquidity pool.

Block Street said the deployment followed a remarkably successful testnet period that attracted over 200,000 users in just one week, demonstrating significant early traction for its model of tokenized stock lending.

The platform will enable users to engage in borrowing, shorting, and hedging major equities like Apple and NVIDIA directly on chain, marking a pivotal moment for decentralized finance infrastructure.

Strategic alignment and sector momentum

Per the statement, BNB Chain’s architecture, with its low gas fees and fast block times, provides the necessary infrastructure for Block Street’s hybrid liquidation engine to operate effectively, mitigating the risk of cascading liquidations during periods of high volatility.

Additionally, the network’s EVM compatibility ensures that developers can seamlessly integrate these tokenized equities into existing DeFi vaults, money markets, and asset management protocols, treating them like any other yield-bearing primitive.

“Launching on BNB Chain is about more than scale—it’s about unlocking true DeFi utility for tokenized equities,” Hedy Wang, Co-Founder of Block Street, said. “BNB Chain’s performance and ecosystem make it the ideal home for our capital-efficient primitives.”

This launch accelerates a broader trend within crypto: the r

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Author: Brian Danga

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