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    3. When the First Step into Traditional Finance Happens on the Blockchain: What Early Data Shows

    When the First Step into Traditional Finance Happens on the Blockchain: What Early Data Shows

    By: rootdata|2026/08/05 13:00:00
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    Historically, the path into traditional financial markets looked the same for most users around the world. To gain exposure to American stocks, one had to open a brokerage account, go through a separate identity verification process, make a currency transfer in dollars, master a separate interface, and sometimes additionally undergo a tax interview in a foreign jurisdiction. This was one entry paradigm—and it had been working for several decades.

    Recent data from our platform shows that this paradigm is no longer the only one. We are witnessing a structural change in how users are entering the market for traditional assets. For the first time, not through an additional tool, but as a primary entry point.

    What the Data Shows

    Among users who traded bStocks—tokenized securities backed 1:1 by shares of American companies—41.5% began their journey into the traditional finance segment on Binance specifically with bStocks. Not through direct stocks, not through perpetual futures on TradFi assets. Directly through the on-chain format.

    Another 58.5% of bStocks users simultaneously interacted with other TradFi products—combining futures, direct stocks, and tokenized securities in one portfolio.

    The scale of this change is vividly illustrated by the example of SPCX—tokenization of SpaceX shares. Among approximately 245,000 users who traded perpetual futures SPCXUSDT, 8.6% transitioned to the tokenized format of bStocks, while only 0.6% moved to direct stock trading. This means that the transition to the on-chain format turned out to be almost 14 times more popular than the transition to the classic one.

    The figure of 41.5% is not about introducing a new trendy tool alongside the classic one. It indicates that for a significant portion of the audience, the on-chain native format is ceasing to be an additional layer and is becoming the first entry point into the world of financial markets in general.

    Why Entry Through Blockchain Looks Different

    The explanation is technical but important. A user who has financially grown up on cryptocurrencies is accustomed to a single account, a single balance, a single wallet, and a single interface. They do not need to learn a parallel infrastructure: a separate brokerage system, a separate custodian, a separate logic of settlements. The stablecoin in which the settlement occurs is already held by them. The wallet in which the bStock resides is the same as that for crypto assets.

    For such a user, bStock is not perceived as a step into a foreign system. It is seen as a natural continuation of their familiar experience. Therefore, 41.5% is not an anomaly but a logical consequence of how the financial literacy of the new generation has changed.

    What This Means for Market Access Architecture

    The traditional model of market access relied on one basic idea: to trade an asset, one must go through a financial intermediary—a broker, a bank, a custodian. This model worked effectively for many decades but required users to invest time, paperwork, geographical ties, and funds to overcome regulatory thresholds. For billions of people worldwide, especially in developing countries, this created real barriers.

    Tokenization of underlying assets allows for a reorganization of this architecture. Settlements occur in stablecoins, access to the instrument is round-the-clock, and entry requirements are lowered through fractional participation: the median size of a transaction with tokenized stocks is approximately US$18.81. This is not a replacement for brokerage infrastructure. It is a parallel access architecture—with a different logic of settlements, a different entry threshold, and a different market pace.

    To confirm --- the distribution of activity. Approximately 80% of the trading volume in tokenized stocks comes from emerging markets, where traditional brokerage infrastructure creates the highest entry barriers. 93% of transactions are fractional, meaning users gain exposure without needing to purchase a whole share. In the first month since launch, the number of available bStocks increased from 5 to 36, and the total market capitalization of the segment reached approximately US$300 million. These are rates that are hard to dismiss as a one-time interest.

    Regulatory and Jurisdictional Framework

    It is important to clearly articulate the product structure, as it is fundamental. bStocks are not shares or stakes in a public company by legal status. They are certificates representing certain financial instruments (according to ADGM FSMR, paragraph 92, Appendix 1). The holder of a bStock does not receive shareholder rights in the company whose shares are held in collateral.

    The product is issued through an approved prospectus in the Abu Dhabi Global Market (ADGM) and is regulated by the Financial Services Regulatory Authority (FSRA). These are the first tokenized securities included in the official FSRA list (Official List), meaning the product has undergone the same regulatory recognition typically applied to classic listing instruments. Public offerings of bStocks outside of ADGM are not conducted. The product is available only to eligible users in permitted jurisdictions exclusively on the secondary market, and each user is responsible for verifying whether access to tokenized securities in their country is legal. bStocks are not offered, sold, or distributed to U.S. citizens.

    This approach was chosen deliberately. Tokenized securities represent a new asset class for the global financial system. It requires a clear jurisdictional framework, an understandable regulatory status, and transparent user protection mechanisms. That is why each bStock is 1:1 backed by a real share held by a regulated custodian, and the proof of collateral is publicly verified through a separate Proof of Collateral page.

    Ukrainian Context: Questions Yet to be Formulated

    In Ukraine, the legislative framework around virtual assets is currently being formed, and financial reporting requirements are gradually adapting to new digital tools. However, tokenized securities represent a fundamentally different asset class than cryptocurrencies, and Ukrainian regulations today do not have a separate legal framework for them.

    This is not criticism --- it is a statement of the situation faced by most jurisdictions worldwide. The market for tokenized assets is forming faster than regulators can respond. Questions that will need to be answered at the national level include: how Ukrainian legislation will classify this category of instruments for the purposes of user investment status, taxation, reporting, and investor protection. This is a subject for a separate dialogue between market participants and regulators.

    What Follows from This

    We are at an early stage of structural shift. The figure of 41.5% is a signal, not a conclusion. But the direction is clear: for a generation that has grown up with cryptocurrencies, the on-chain format has become not an alternative to traditional finance, but a way to enter it.

    This change is not happening because someone is selling a new trendy product. It is happening because the financial literacy of an entire generation of users has changed, and the financial infrastructure is beginning to adapt to this reality.

    This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

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    Contents

    What the Data Shows
    Why Entry Through Blockchain Looks Different
    What This Means for Market Access Architecture
    Regulatory and Jurisdictional Framework
    Ukrainian Context: Questions Yet to be Formulated
    What Follows from This

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