TSLAB, tokenized Tesla stock, is live on WOOFi
TSLAB brings Tesla stock onchain as a bStock on BNB Chain, backed 1:1 by real shares. Trade it on WOOFi 24/7, from your own wallet.
TL;DR: TSLAB is the tokenized version of Tesla stock (TSLA). It is a bStock on BNB Chain, backed 1:1 by real Tesla shares held by regulated custodians, and it is now live on WOOFi. You can swap into it around the clock, straight from your own wallet.
Tesla is one of the most traded stocks in the world. Until now, owning a piece of it meant a brokerage account, waiting for the US market to open, and living somewhere that account is available. TSLAB brings Tesla onchain as a token you can hold and trade at any hour.
What is TSLAB?
TSLAB is the bStocks tokenized version of Tesla, Inc. common stock, which trades on the Nasdaq under the ticker TSLA. Each TSLAB token follows the price of one Tesla share.
Like every bStock, TSLAB is issued by Binance-affiliated entity BTech Holdings Limited under the compliance framework of Abu Dhabi Global Market (ADGM). Every token is backed 1:1 by real Tesla shares held by regulated custodians, and a daily Proof of Collateral confirms the backing. TSLAB runs on BNB Chain, so it lives in the same wallet as the rest of your crypto.
New to tokenized stocks? Our explainer What are bStocks? covers how they work in more detail.
TSLAB at a glance
| Token | TSLAB |
| Underlying | Tesla, Inc. (TSLA) |
| Issuer | bStocks (BTech Holdings Limited, ADGM) |
| Backing | 1:1 by real Tesla shares |
| Network | BNB Chain |
| Contract | 0x5b1910eAaD6450E50f816082Aa078C41F10C292f |
Why trade TSLAB on WOOFi?
Zero WOOFi fees
WOOFi's application does not add a fee on top of your trade. It routes directly to onchain liquidity to find the best price.
Self-custody, start to finish
TSLAB sits in your own wallet. No brokerage, no account application, no transfer paperwork.
Markets that never close
Tesla news does not wait for the opening bell. With TSLAB you can trade at 3am on a Sunday exactly as you would at 10am on a Tuesday, and settlement takes seconds, not two business days.
Part of a growing stock lineup
TSLAB trades alongside other bStocks on WOOFi, including SpaceX (SPCXB), NVIDIA (NVDAB), and SK Hynix (SKHYB), all from the same wallet.
How to buy TSLAB
- Connect your crypto wallet at woofi.com/stocks.
- Make sure you have a small amount of BNB for gas on BNB Chain, and a suitable asset like USDT or BNB to swap it into.
- Search for TSLAB, enter an amount, and swap.
That is it. The token lands in your wallet as soon as the transaction confirms.
FAQ
Is TSLAB real Tesla stock?
TSLAB is a token backed 1:1 by real Tesla shares held by regulated custodians. It tracks the price of TSLA, and a daily Proof of Collateral confirms the shares are there.
What is the difference between TSLA and TSLAB?
TSLA is Tesla's stock, traded on the Nasdaq through a brokerage during market hours. TSLAB is a token backed by TSLA shares that you hold in your own wallet and trade onchain at any time.
What happens if Tesla splits its stock?
Splits and dividends are applied to bStocks onchain through a built-in multiplier, so your displayed balance adjusts automatically in wallets that support it. There is nothing to claim.
Can I trade TSLAB on weekends?
Yes. TSLAB trades onchain 24/7, including weekends and US market holidays.
Which network is TSLAB on?
BNB Chain. You need a wallet connected to BNB Chain, a little BNB for gas, and an asset like USDT or BNB to swap into TSLAB on WOOFi.
More listings are coming
TSLAB joins a fast-growing lineup of tokenized stocks on WOOFi, with more on the way. Keep an eye on woofi.com for new stocks, ETFs, and the next step for WOOFi Earn.
Trade TSLAB now at https://woofi.com/stocks
Sources: TSLAB contract from CoinGecko. WOOFi's listed tokens read from its published swap support endpoint. Backing and the multiplier from BNB Chain's bStocks introduction.