If you run an exchange, you've heard it: "Can I buy Nvidia here?" Until now, the honest answer was "no, go open a brokerage account." And when your user leaves to do that, their USDT usually leaves with them.
Now you have a better answer. You can get exposure to 18 major stocks on HollaEx, including Amazon, SpaceX, Arm and Nvidia, paid for with USDT, in the same app you already trade crypto in. And if you run your own exchange on HollaEx, you can list them for your users too.
You'll spot them by the B at the end of the ticker: Nvidia is NVDAB, Amazon is AMZNB, Arm is ARMB and SpaceX is SPCXB. Here's what that B means, how these tokens work, and what you should have in place before you switch them on.
Key Takeaways • The B stands for Binance. These are Binance's tokenized stocks (bStocks), and Binance backs and prices them. HollaEx and its operators list and trade them; they don't issue or back them. • Each token tracks a real share. NVDAB follows Nvidia (NVDA), AMZNB follows Amazon (AMZN), and so on. • You trade them against USDT on Quick Trade, with quotes valid for 30 seconds. • You get price exposure, not shareholder rights. Dividends are reinvested and splits handled for you, but there's no vote and no direct share ownership. • Expect wider spreads when US markets are closed, and know that these tokens aren't available to US persons.
What the B Means
NVDA is the share on Nasdaq. NVDAB is a token that tracks it. The B keeps the two apart, and it stands for Binance.
Binance sources these tokens, stands behind them and sets their price. HollaEx delivers those quotes to you through the HollaEx Network. If you run an exchange on HollaEx, you decide which of the 18 to list.
What You're Actually Buying
Think of a coat check at a theatre. You hand over your coat, it goes on the rail, and you get a numbered ticket. The ticket isn't the coat. You can't wear it. But as long as the cloakroom is honest and well run, the ticket is as good as the coat, and it's a lot easier to pass to a friend.
A tokenized stock is that ticket. The coat is a real share held at a broker. The cloakroom is the company that issues the token and the custodian holding the share. Your HollaEx exchange is the counter where tickets change hands.
How a Binance stock token is made
Here's how it works, based on Binance's published prospectus for bStocks:
A dedicated issuer is set up. BTECH Holdings Ltd, a Binance group company in Abu Dhabi Global Market, issues the tokens under a regulator-approved prospectus.
Real shares go into custody. Alpaca Securities LLC, an SEC-registered, FINRA-member broker-dealer, holds the underlying shares.
Tokens are minted 1:1. One token is issued per share held, and you can hold fractions.
Backing is published. Binance publishes a Proof of Collateral page comparing shares held with tokens issued.
Tokens trade on venues. You'll almost never mint or redeem one yourself. You just buy and sell, for example on HollaEx's Quick Trade.
What you get, and what you don't
You get:
Price exposure designed to track the share 1:1.
Dividends, reinvested. After a 30% US withholding tax, dividends grow your effective balance automatically instead of landing as cash.
Splits handled for you, with nothing to do on your side.
You don't get:
Voting rights.
A spot on the share register. In Binance's words, bStocks "are not direct ownership of the underlying shares."
In coat check terms: your ticket gets you the coat's value, not a seat on the theatre's board.
How to Trade Them on HollaEx
On HollaEx Pro, HollaEx's own exchange, all 18 stocks trade against USDT through Quick Trade:
Open Quick Trade.
Pick USDT to spend and a stock token such as NVDAB to receive (or flip it to sell).
Enter your amount. Most tickers allow 0.01 to 100 units per trade (ASMLB and SNDKB 0.001 to 10, NOKB 0.1 to 1,000).
Accept the quote within 30 seconds, or let it lapse and ask for a fresh one.
One thing to know before you buy: as of 12 October 2026, deposits and withdrawals for stock tokens are switched off on HollaEx Pro. Your tokens stay on the platform and can't be sent to an outside wallet.
The stock market keeps office hours. Tokens don't. While Nasdaq is open, arbitrage keeps each token close to its share. Once the market closes, that link pauses and the price is set by trading alone. Here's what that means for you:
Wider spreads off-hours. In a small test on HollaEx Pro around midnight New York time at the end of a weekend, the gap between buy and sell quotes was about 1% on NVDAB, AAPLB, TSLAB and SPCXB. That's one snapshot, not a guarantee.
Monday gaps. Weekend news moves the open, and your token may move before or after it.
Small premiums or discounts to the last close. That's normal for a 24/7 asset tracking a market that's shut.
If you're not in a rush, trading during US market hours usually gets you a tighter price.
If You Run an Exchange: Listing Stock Tokens
Listing stock tokens doesn't turn you into an issuer, a custodian or a broker. In coat check terms, you run the counter. Here's who does what:
Issuer and backing (Binance): buying and holding the shares, minting and redeeming, proof of collateral, corporate actions
Pricing (Binance): the price each token is quoted at
Liquidity routing (HollaEx Network): delivering quotes and fills to your exchange through Quick Trade
Your exchange (you): which tickers you list, who can access them, disclosures, support and local compliance
Why you'd add them
You keep your users. USDT goes in, NVDAB comes out, all inside your app.
You match the hours your users keep. Crypto users trade evenings and weekends, and quotes keep flowing when Nasdaq is closed.
You give newcomers a familiar first trade. "Amazon" is an easier first buy than a token they've never heard of.
You skip the heavy lifting. No shares to buy, no mint to run and no orderbook to seed, because quotes come through the HollaEx Network.
What to have in place first
Check your license. In most places a tokenized stock counts as a security or financial instrument. As SEC Commissioner Hester Peirce put it in 2025, "tokenized securities are still securities."
Block restricted users. Binance's terms say bStocks must not be offered to US persons or other restricted persons, and platforms that integrate them are expected to enforce those geographic restrictions.
Gate access behind KYC. HollaEx supports KYC plugins such as Persona and Shufti Pro. Make verified status your minimum bar.
Disclose plainly. Tell your users who issues and backs the token (Binance), that there are no voting rights, that dividends are reinvested net of tax, that on-chain withdrawals are off for now, and that prices can differ from the stock outside US hours.
Prep your support team. If they can explain "economic exposure, not share ownership" in one sentence, you're ready.
Decision Rules
List them if your license covers securities-like products, most of your users are outside restricted regions, and you have support cover on weekends.
Wait if you're unsure about your license, most of your users are US persons, or your team can't yet explain what a stock token is and isn't.
Start with three or four names your users already ask for. NVDAB, AMZNB, ARMB and SPCXB make a strong first set. Add more based on volume.
Don't promote 24/7 trading without also saying that liquidity is thinner outside US hours.
Spot-check your quotes against each stock's last price, and watch Binance's announcements for splits, dividends and other corporate actions.
Pause rather than guess. If Binance announces a halt or a corporate action you don't understand, pause the pair and post a notice until quotes settle.
The Risks, in Plain Terms
Issuer and custody: The issuer, custodian or minting agent fails. Binance's prospectus warns holders could lose some or all of their investment. Where it sits: Binance's structure.
Venue: The exchange you trade on has uptime, crediting or support problems. Where it sits: the exchange.
Tracking: The token drifts from the share, especially off-hours. Where it sits: the market (you feel it in the spread).
Eligibility: Not available to US persons or other restricted persons. Where it sits: you and the exchange.
HollaEx doesn't hold the underlying shares and doesn't guarantee them.
The Full List: 18 Stocks on HollaEx
Alibaba: BABAB
Amazon: AMZNB
Apple: AAPLB
Arm: ARMB
ASML: ASMLB
Google (Alphabet): GOOGLB
IBM: IBMB
Intel: INTCB
Meta: METAB
Microsoft: MSFTB
Nokia: NOKB
Nvidia: NVDAB
Oracle: ORCLB
SanDisk: SNDKB
SK Hynix: SKHYB
SpaceX: SPCXB
Tesla: TSLAB
TSMC: TSMB
All 18 trade against USDT. The B stands for Binance, which sources, backs and prices these tokens.
Closing Thoughts
Tokenized stocks are one of the few listings your users understand before you explain them. They give you a simple way to hold a slice of companies you already know, with the stablecoins you already have, at hours that suit you. The trade-offs are easy once you see them: Binance backs and prices the tokens, you get exposure rather than shares, and off-hours prices cost a little more. If you run an exchange, keep the coat check picture in mind. The cloakroom is Binance's and the counter is yours. Keep that line clear in your setup, your disclosures and your support, and stock tokens become an easy way to keep your users, and their stablecoins, on your platform.
Curious to try it? Open Quick Trade on HollaEx Pro and search for the B. If you already run an exchange on HollaEx, get in touch and we'll help you add stock tokens. New to HollaEx? Take a look at the HollaEx® white-label exchange.
This post is for information only and isn't financial advice. Tokenized stocks carry risk, including the loss of your investment. Check that they are legal and suitable for you where you live.