Binance Adds Salesforce and Hims bStocks Trading Pairs

Binance announced on Sept. 9 that it will add tokenized-securities pairs tied to Salesforce and Hims & Hers Health to Spot trading at 12:00 UTC. The exchange identified the products as CRMB and HIMSB bStocks and said withdrawals are scheduled to open one hour later.

The official Binance announcement also says the products will become available through Binance Convert shortly after the Spot opening. The rollout is limited to eligible users in permitted jurisdictions and does not constitute a listing of the companies’ ordinary shares.

Trading starts with two USDT pairs Binance plans to open CRMB/USDT and HIMSB/USDT first. Spot algorithmic trading bots are due to activate with the listing, while rebalancing bots are expected within 24 hours.

Binance said users will also be able to exchange bStocks against BTC, USDT and other supported tokens through Convert. The exchange is pairing the launch with temporary fee incentives. Maker fees for the two USDT markets are set at zero from the listing time through Sept.