That's amazing. With its current size and influence, Binance can quickly become NO1 in any sector as long as you want to do it. Binance has not been launching US stock tokens for a long time, but it has already obtained the most important thing: liquidity, with a trading share of over 85%, far ahead, and almost controlling the pricing power during the closing period! As of now, the asset size of Binance bStocks exceeds $500 million, and the entire tokenized stock market is approximately $2.3 billion to $2.5 billion. In July, approximately 7.4 billion US dollars were traded on the tokenized stock chain, of which the Binance related ecosystem contributed about 85%, equivalent to a monthly transaction of 6.3 billion US dollars and an average daily transaction of about 200 million US dollars. That is to say, Binance only accounts for 20% of the market value, but undertakes about 80% of on chain transactions. Ondo, Securitize and other platforms are more inclined towards asset issuance and holding, while Binance is competing for trading entry. Its advantages are also very direct. Stablecoins, US stock spot trading, bStocks, and stock derivatives are all in the same account. Users do not need to convert USDT into US dollars first, nor do they need to transfer funds to securities firms. They can directly trade Nvidia AMD、 Micron MU, SanDisk, and cryptocurrency concept stocks. About 93% of Binance stock users come from emerging markets, with AI related assets absorbing over 70% of the capital inflows, and semiconductor trading volume being 3.3 times that of the second largest sector. So Binance may not necessarily affect the entire US stock market in the short term, but its impact on AI, chips, storage, and mining stocks may emerge faster than imagined. The current scale of 500 million US dollars is not enough to change the pricing of giants such as Nvidia and Apple. But during the after hours of the US stock market, weekends, or small market value cryptocurrency concept stocks with poor liquidity, Binance may become a new price discovery channel and amplify market sentiment. The current situation is very clear: Binance only accounts for one-fifth of the market value of US stock tokens, yet it has taken away the most active on chain transactions. Ondo and Securitize are responsible for putting stocks on the chain, while Binance is responsible for bringing money from the cryptocurrency market. In the trading market, whoever controls the entry of funds usually has greater say.