City Protocol launches Onchain Token Portfolio on BNB Chain with MAG7

BNB Chain: BNB Chain is a blockchain platform that supports decentralized applications, tokenized assets, and DeFi protocols. It now hosts City Protocol's Onchain Token Portfolio infrastructure, enabling direct onchain holding of rules-based tokenized stock baskets powered by bStocks. City Protocol: City Protocol is an on-chain structured products infrastructure provider building tokenization, vault, and issuance tools for DeFi and RWA offerings across multiple blockchains. Its flagship application, Venzo, serves as a marketplace for curated yield strategies and Onchain Token Portfolios that users access from self-custodied wallets. The launch of its OTP infrastructure on BNB Chain directly expands this platform to deliver rules-based baskets of tokenized equities. Bstocks Finance: Bstocks Finance issues tokenized securities that provide 1:1 economic exposure to US equities on the BNB Chain, fully backed by underlying shares held in regulated custody. The tokens support 24/7 trading and seamless conversion while enabling self-custody and composability in onchain applications. It powers the live Onchain Token Portfolios infrastructure launched by City Protocol. Onchain Token Portfolio: Onchain Token Portfolio (OTP) is City Protocol's infrastructure for rules-based baskets of tokenized equities acquired in a single transaction directly into the user's own onchain account. It delivers exposure comparable to traditional exchange-traded products while allowing individual constituents to be held, transferred, or pledged independently. The first implementation is live on BNB Chain. Magnificent Seven Equal Weight OTP: Magnificent Seven Equal Weight OTP is the initial live product on City Protocol's Onchain Token Portfolio infrastructure, providing equal-weight exposure to seven major US technology stocks as tokenized assets on BNB Chain. It follows a published, rules-based methodology executed through automated smart contract permissions granted by the user. Integration: Deployment on BNB Chain pairs City Protocol's rules-based portfolios with bStocks' tokenized equities for full onchain accessibility. Infrastructure: City Protocol's OTPs allow one-transaction subscription and exit while maintaining direct self-custody of each underlying tokenized equity. Market Position: OTPs position City Protocol as onchain infrastructure replicating key features of the traditional exchange-traded products ecosystem.