Block Street 백서 전문

ional infrastructure for a unified, liquid, and institution-ready tokenized market. Block Street: The First Unified Liquidity Layer for Tokenized Stocks The rise of tokenization has often been described as the next great wave in financial innovation. ## /blog/first-unified-liquidity-layer Block Street: The First Unified Liquidity Layer for Tokenized Stocks The rise of tokenization has often been described as the next great wave in financial innovation. August 29, 2025 The rise of tokenization has often been described as the next great wave in financial innovation. Equities, bonds, commodities, and other real-world assets are increasingly appearing on-chain, but so far they remain fragmented. AAPL or TSLA shares issued by one provider are not interchangeable with those from another; liquidity is split across shallow markets, and the result is inefficiency, limited functionality, and underutilized collateral. Block Street was founded to address precisely this gap. It is building the first unified liquidity layer for tokenized equities — an infrastructure that merges identical assets from different issuers into a single fungible pool. By doing so, it provides the missing backbone that turns tokenized stocks from passive representations of value into active, composable building blocks of decentralized finance. At its core, Block Street's approach tackles the three structural frictions that currently hold tokenized markets back: fragmented settlement, shallow liquidity, and lack of composability. By aggregating across issuers, the platform enables cross-issuer settlement that is seamless and holder-agnostic. Liquidity is no longer thinly spread across multiple venues, but consolidated into deeper pools that can support meaningful borrowing and lending. And because the liquidity layer is standardized, any DeFi protocol can build on top without needing to re-engineer the fundamentals of equity collateral. The first products built on this foundation are lending markets that allow users to borrow stablecoins against stock tokens or, conversely, to post crypto and gain synthetic short exposure by borrowing equities. What makes Block Street stand out is not only that it unlocks leverage and hedging — features absent in most existing tokenized stock venues — but that it introduces a hybrid liquidation mechanism capable of tapping both on-chain and off-chain liquidity simultaneously. Whenever a position breaches risk thresholds, the engine launches a public Dutch auction on-chain while also broadcasting a request-for-quote to licensed brokers off-chain. The settlement executes at the best blended price, reducing slippage and limiting systemic risk, while also allowing the protocol to safely offer higher loan-to-value ratios than DeFi-only systems. The implications are significant. For investors, tokenized equities on Block Street are no longer static instruments but productive collateral that can be borrowed against, deployed across strategies, and integrated into the wider DeFi economy. For markets, the introduction of leverage, shorting, and cross-issuer fungibility deepens price discovery and enhances efficiency. And for the broader ecosystem, the liquidity layer provides a standardized interface that other protocols can plug into, creating the foundation for structured products, derivatives, and complex strategies. Block Street's roadmap reflects this vision of progressive financialization. The first mainnet pools launch in August 2025 on BSC and Ethereum — chains that collectively cover low-fee retail access and deep institutional liquidity. By Q4, peer-to-peer lending markets and the public release of the liquidity layer will expand the scope of participation. From 2026 onward, the protocol will extend into perpetuals, options, and additional RWA classes, transforming tokenized equities into a multi-trillion-dollar on-chain asset category. The project's team combines Wall Street and Silicon Valley DNA, with veterans from Citadel, Point72, and Google, and its partnerships with regulated issuers and custodians ensure compliance and transparency from day one. In this sense, Block Street is not simply bringing equities to DeFi — it is re-engineering the market structure itself, bridging the reliability of traditional finance with the openness of blockchain. Tokenization will only fulfill its promise when assets are not merely mirrored on-chain, but are also granted the financial depth and functionality they enjoy in traditional markets. By standardizing liquidity and enabling true 24/7, global, composable equity finance, Block Street is positioning itself as the connective tissue of internet capital markets. The future of equities is not just tokenized; it is unified. Block Street Integrates with Ondo Finance to Unlock Global Liquidity for Tokenized Stock & ETF Lending Block Street announced its integration with Ondo Finance, a global leader in real-world asset (RWA) tokenization. Block Street Launches on BNB Chain to Scale Tokenized Stock Lending Across DeFi Block Street, the first unified liquidity layer for tokenized stocks, today announced its launch on BNB Chain. ## /blog/launches-bnb-chain Block Street Launches on BNB Chain to Scale Tokenized Stock Lending Across DeFi Block Street, the first unified liquidity layer for tokenized stocks, today announced its launch on BNB Chain. August 28, 2025 August 21, 2025 — New York, NY — Block Street, the first unified liquidity layer for tokenized stocks, today announced its launch on BNB Chain . The project debuts with $10M in initial liquidity, following a testnet that drew over 200,000 users in its first week — clear momentum for a new asset class in DeFi. With this launch, BNB Chain users gain access to borrowing, shorting, and hedging tools for tokenized equities like AAPL , NVDA , and TSLA — products previously reserved for traditional brokerages or centralized exchanges. For developers, Block Street introduces an entirely new asset layer: fully backed equities that are composable, yield-generating, and programmable across DeFi strategies. "Launching on BNB Chain is about more than scale — it's about unlocking true DeFi utility for tokenized equities," said Hedy Wang, Co-Founder of Block Street . "BNB Chain's performance and ecosystem make it the ideal home for our capital-efficient primitives." Equities as On-Chain Primitives DeFi has become one of crypto's largest sectors, but activity has remained concentrated in speculative trading and yield farming. Real-world assets (RWAs), including equities, are still largely inaccessible. Block Street addresses this gap by turning tokenized equities into functional building blocks that can be used in delta-neutral strategies, structured products, or institutional-grade hedging. By launching on BNB Chain, Block Street taps into a network with millions of users and one of the most active DeFi ecosystems in the world. Low fees make advanced strategies like arbitrage and hedging practical, fast block times support its hybrid liquidation engine, and EVM compatibility ensures developers can plug tokenized equities directly into vaults and asset managers. Coupled with the security of BNB Chain's validator base, these strengths position Block Street to take tokenized equities from niche experiments into mainstream DeFi. "Block Street represents a significant step forward in bringing sophisticated, real-world assets on-chain," said Marwan Kawadri, Head of EMEA at BNB Chain . "By leveraging BNB Chain's high performance and robust community, they can help expand utility for tokenised equities." About Block Street Block Street is the first unified liquidity layer for tokenized stocks, enabling real-time lending, shorting, and leverage across DeFi. Backed by leading TradFi and DeFi investors, the team includes veterans from Citadel, Point72, Google, and other top financial and technology firms. Website: https://blockstreet.money/ | X: https://x.com/BlockSt_HQ | Medium: https://blockst-hq.medium.com/ | Paragraph: https://paragraph.com/@pr@blockstreet.money-fa09 About BNB Chain BNB Chain is a community-driven blockchain ecosystem that is removing barriers to Web3 adoption, it's one of the largest chains by transaction volume and active users. It is composed of: BNB Smart Chain (BSC): A secure DeFi hub with the lowest gas fees of any EVM-compatible L1; serves as the ecosystem's governance chain. opBNB: A scalability L2 that delivers some of the lowest gas fees of any L2 and rapid processing speeds. BNB Greenfield: Meets decentralized storage needs for the ecosystem and lets users establish their own data marketplaces. Media contacts pr@blockstreet.money Block Street: The First Unified Liquidity Layer for Tokenized Stocks The rise of tokenization has often been described as the next great wave in financial innovation. Turning Tasks Into Tokens: Join BlockStreet's 80,000 BSD Reward Program The future of finance is onchain — and BlockStreet is leading the charge. ## /blog/turning-tasks-into-tokens Turning Tasks Into Tokens: Join BlockStreet's 80,000 BSD Reward Program The future of finance is onchain — and BlockStreet is leading the charge. August 7, 2025 The future of finance is onchain — and BlockStreet is leading the charge. Before Block Street mainnet launch, we're giving back to the community with up to 80,000 BSD in rewards through a mix of daily and performance-based tasks. Whether you're a DeFi veteran or just getting started, this is your chance to participate, earn BSD, and explore what tokenized stocks and onchain capital markets truly mean. Complete daily tasks and earn BSD rewards. Getting Started Option A : Click the Connect Wallet button in the navigation bar Option B : Use the Daily Login card on the dashboard Your Earning Potential Daily Tasks Daily Earnings: 40 BSD Performance Tasks How to Complete Each Task Daily Tasks Task 1: Daily Login (+10 BSD) Requirement : Connect your wallet once per day Reward : Instant 10 BSD credited Status Check : Green checkmark when completed Task 2: Invite a Friend (+15 BSD) Copy your unique referral link: Process: Click to copy the link Share with friends via any platform Earn 15 BSD when they connect Task 3: Share my Result (+15 BSD) Share your achievements on social: Requirement : Public post with your results Verification : Automatic via social API Performance Tasks Top 10 Trader (+100 BSD) Requirement : Achieve daily transaction volume in top 10 Reward : Credited at 00:00 UTC daily Bug Hunter (+100 BSD) Submission : Use in-app feedback tool or email support@blockstreet.money Valid Reports : Security issues, UX improvements, functional bugs Swapping Your BSD Once earned, click Swap BSD to: Exchange for bTSLA/bAAPL Provide liquidity Important Information Pre-Mainnet Bonus First-come, first-served basis Rewards end at mainnet launch Maximizing Earnings Complete all 3 tasks daily = 40 BSD/day 30-day potential = 1,200 BSD Refer multiple friends for unlimited bonus Reset Time Tasks reset daily at 00:00 UTC Previous day's unclaimed rewards expire FAQ Q: When do I receive my BSD? A: Instantly upon task completion Q: Can I complete tasks multiple times per day? A: No, each task can be completed once every 24 hours Q: What happens to my BSD at mainnet? A: All earned BSD transfers to mainnet automatically Q: Is there a minimum withdrawal? A: No minimum — swap any amount of BSD Get involved. Bring your friends. Help shape the future of tokenized stock lending. This isn't just another campaign — it's the Genesis of something much bigger. Let's build the onchain Wall Street. Together. https://blockstreet.money/dashboard/ Block Street Launches on BNB Chain to Scale Tokenized Stock Lending Across DeFi Block Street, the first unified liquidity layer for tokenized stocks, today announced its launch on BNB Chain. BSB Staking Is Coming in April BSB staking is scheduled to go live in April 2026. Block Street is preparing the first staking program for the community to support long term development. ## /blog/staking BSB Staking Is Coming in April BSB staking is scheduled to go live in April 2026. Block Street is preparing the first staking program for the community to support long term development. April 6, 2026 BSB staking is scheduled to go live in April 2026. Block Street is preparing the first staking program for the community to support long term development. This page covers the launch window, the high-level staking flow, and what users should expect when staking goes live. TL;DR BSB staking is planned for April 2026. BSB holders will be able to stake through the official Block Street staking flow. Final participation details will be published closer to launch. Rewards will come from the reserved BSB pool. Staking Reward Source Staking incentives within the Block Street ecosystem are supported by pre-allocated ecosystem incentive allocations defined under the project’s tokenomics and Token Release Schedule (BSB), rather than inflationary issuance. These allocations are designed to support long-term ecosystem participation and governance alignment. Incentives may be distributed to eligible participants through staking mechanisms, in accordance with predefined protocol parameters. Incentives, if any, are variable in nature and depend on program participation and protocol conditions. They are not fixed, guaranteed, or structured as profit-sharing, interest, or dividend distributions. What to Expect at Launch Block Street plans to launch its first staking program in April 2026. At launch, users should expect: A dedicated staking entry for BSB holders Published staking terms and participation instructions A defined program window and reward schedule How Staking Will Work BSB staking is being designed as a long-term participation program for the Block Street ecosystem. At a high level: Participants will stake BSB through the official Block Street staking flow Rewards will follow the program rules published at launch Detailed parameters such as timing, reward schedule, and claiming flow will be disclosed with the final launch announcement Full operational details will be published closer to launch. Timeline The target launch window is April 2026 . Before activation, Block Street will publish the final staking parameters, the effective start time, and the operational instructions required for participation. What Comes Next Before launch, Block Street will publish: The final start time The staking guide The participation rules The remaining operational details needed to join on day one Turning Tasks Into Tokens: Join BlockStreet's 80,000 BSD Reward Program The future of finance is onchain — and BlockStreet is leading the charge. ## /docs/overview/ecosystem Overview Product Ecosystem The Unified Liquidity Layer BlockStreet operates as the Unified Liquidity Layer for On-Chain Capital Markets — two synergistic protocols that create value for different user segments while reinforcing each other to build the complete infrastructure for tokenized traditional assets. "Aqua handles the flow, Everst drives the leverage." ┌─────────────────────────────────────────────────────┐ │ Ecosystem Layer │ │ Programmable DeFi Integration │ └─────────────────────────────────────────────────────┘ ↕ ┌─────────────────────────────────────────────────────┐ │ Application Layer │ │ Advanced Trading Strategies │ └─────────────────────────────────────────────────────┘ ↕ ┌─────────────────────────────────────────────────────┐ │ Aqua: Cross-Protocol Liquidity Network │ │ Unified Routing • Cross-Chain • Risk Netting │ └─────────────────────────────────────────────────────┘ ↕ ┌─────────────────────────────────────────────────────┐ │ Everst: Leverage and Liquidity Protocol │ │ Hybrid Liquidity Engine • Dynamic LTV │ └─────────────────────────────────────────────────────┘ ↕ ┌─────────────────────────────────────────────────────┐ │ Unified Liquidity Pool (Foundation) │ │ Aggregated Liquidity • Institutional Capital │ └─────────────────────────────────────────────────────┘ Product Deep Dive 🌊 Aqua - Cross-Protocol Liquidity Network What it is : The plumbing — the cross-protocol liquidity network that unifies fragmented tokenized asset markets, providing best execution across multiple issuers through intelligent routing and hybrid architecture. Core Capabilities : Unified Liquidity Routing : Cross-chain connectivity (Ethereum, BNB, Base) Cross-Protocol Collateralization : Seamless collateral movement across protocols Dynamic Risk Netting : Real-time risk management across positions Institutional-Grade API Layer : RFQ + WebSocket for professional execution High-Speed Execution : High-performance infrastructure with 22-28s arb cycle times (4x faster) Performance Metrics : Metric Value Cumulative Transaction Volume $241M+ Institutional Market Share 65%+ Monthly Protocol Revenue $200K Spread Compression 18bps → 9bps (-50%) Market Maker ROE 55-65% Arbitrageur ROE 65-105% Target Users : Application Developers : Building tokenized asset applications without infrastructure complexity Asset Issuers : Reaching broader markets through aggregated distribution Professional Traders : Accessing deep liquidity across multiple providers DeFi Protocols : Integrating tokenized assets into existing platforms Unique Value Proposition : The infrastructure backbone for on-chain capital markets Eliminates the fragmentation tax (0.6-0.9% tracking error) Cross-protocol liquidity that works across chains Institutional-grade execution infrastructure 📊 Everst - Leverage and Liquidity Protocol What it is : The leverage and liquidity protocol that combines off-chain broker-dealer networks with on-chain liquidity pools through a Hybrid Liquidity Engine . Core Capabilities : Tokenized Asset Leverage : AAPL, TSLA, NVDA, SPY, QQQ and expanding portfolio Hybrid Liquidity Engine : Off-chain broker-dealer networks + on-chain pools Dynamic LTV Adjustment : Real-time loan-to-value optimization Capital Reusability : Positions reusable across DeFi for maximum efficiency 24/7 Market Access : Trade traditional assets around the clock Testnet Traction : 700,000 wallets with strong engagement 35% retention rate 41% daily login rate Target Users : Individual Investors : Seeking DeFi yields on traditional asset exposure Professional Traders : Executing sophisticated cross-asset strategies Portfolio Managers : Managing diversified crypto-traditional portfolios Institutions : Accessing tokenized assets with professional infrastructure Unique Value Proposition : First-mover advantage in tokenized asset leverage Hybrid Liquidity Engine for optimal execution Capital efficiency through cross-DeFi reusability Proven track record with institutional users Synergistic Ecosystem Benefits How They Work Together 📈 Enhanced Liquidity Flow Everst Protocol provides proven demand for tokenized assets Aqua aggregates multiple sources, improving liquidity depth Combined ecosystem attracts both users and issuers 🚀 Market Expansion Aqua brings new issuers and assets to the ecosystem Everst Protocol demonstrates proven DeFi use cases Cross-promotion drives adoption for both products ⚙️ Infrastructure Synergies Shared security infrastructure and auditing Common compliance frameworks and regulatory approach Unified user experience across products 💡 Innovation Acceleration Everst Protocol proves new tokenized asset concepts Aqua scales successful innovations across the ecosystem Continuous feedback loop drives rapid improvement 🪙 Staking as the Rewards and Governance Layer BlockStreet Staking adds a shared rewards and governance layer across the ecosystem. Globally locked BSB staking coordinates governance participation and proposal-linked incentives Time-weighted voting rewards