Bringing DeFi logic to stocks This isn’t really a new concept. DeFi users have long been used to depositing ETH into Aave, earning deposit interest while using it as collateral to borrow USDC for other purposes. One asset, generating two types of value at the same time. Now, this logic is being applied to stocks. While holding bStocks, you can earn economic benefits tied to the underlying assets, with dividends automatically reinvested. The same bStocks can be used as collateral in full-margin or portfolio-margin accounts. No need to sell first, no need to shuffle funds around—it supports more cross-asset portfolio strategies. Holding + collateralizing + trading—this is the smoothest experience under the exchange infrastructure. This is literally taking Aave’s integrated lending and borrowing logic and applying it to U.S. stocks. Traditional brokers can’t do this because their underlying clearing systems don’t support assets switching roles within the same account. But the foundation of bStocks is crypto infrastructure, not traditional securities bookkeeping systems, and it can leverage existing on-chain infrastructure