According to reports from Binance, the exchange added Trump Media's DJTB bStock as an eligible margin collateral asset on August 26, expanding its bStocks product into leveraged accounts. The feature became available at 12:00 UTC for qualifying VIP 3 users and above in approved jurisdictions. DJTB can be deposited as collateral through cross margin, Unified Account Mode and Unified Account Pro modes, though users cannot currently borrow the token itself. As reported by CoinDesk, this represents a structural shift where U.S. equities are quietly becoming the collateral base of the crypto credit system, with bStocks serving as tokenized claims on real U.S.-listed shares.
As reported by Binance, the product remains limited to VIP 3 customers and above, with the exchange having recently lowered the VIP 3 asset threshold from $3 million to $1 million. Traders can also qualify through applicable volume and BNB holding requirements. The exchange applies a collateral ratio to determine how much of DJTB's value counts toward borrowing capacity, with Binance able to adjust this ratio and other risk parameters as market conditions change. According to CoinDesk, collateral eligibility runs through Cross Margin, Portfolio Margin, and Portfolio Margin Pro modes, with the exchange targeting a non-U.S., sophisticated customer base in approved jurisdictions.
According to Binance, the exchange opened DJTB/USDT spot trading at 12:00 UTC on August 26, with spot algorithmic trading bots becoming available alongside the pair. The exchange scheduled DJTB withdrawals for 13:00 UTC and offered zero maker fees for DJTB/USDT until August 31 at 23:59 UTC. The margin expansion follows Binance's introduction of a separate DJTUSDT perpetual contract on August 25 that provides leveraged exposure to Trump Media's stock price with up to 20x leverage. As reported by CoinDesk, the trading pair serves as the headline while collateral eligibility represents the quietly appended part of the announcement.
As reported by Binance, DJTB is offered under a prospectus approved within Abu Dhabi Global Market (ADGM) and operates under Financial Services Regulatory Authority permissions covering exchange, clearing, custody and investment activities. The securities are not publicly offered outside ADGM and are available only to eligible users in approved jurisdictions. DJTB has not been registered under the U.S. Securities Act of 1933 or state securities laws, with Binance prohibiting its distribution to U.S. persons, including entities acting for their account or benefit. According to CoinDesk, U.S. retail investors cannot even use these tokens on Binance, where the collateral program runs only for VIP-tier customers in approved jurisdictions.
According to Binance, DJTB provides price exposure linked to Trump Media, which trades on Nasdaq under the ticker DJT. The exchange describes bStocks as tokenized securities backed by corresponding underlying financial instruments, though DJTB is not a conventional Trump Media share. Holding DJTB does not place investors directly on the company's shareholder register or establish affiliation with Trump Media. Binance states that bStocks holders may receive economic exposure to price changes and eligible distributions under product documentation. As reported by CoinDesk, bStocks are classified as certificates representing financial instruments, not shares, with holders getting price movement and dividends but no voting rights, and trading running around the clock without market closures.
