Block Street, a financial technology company building institutional-grade unified liquidity infrastructure for tokenized assets, today announced the launch of its native utility and governance token, $BSB. The token is designed to power the Block Street ecosystem, a unified liquidity layer for on-chain capital markets, and will play a central role in the platform’s two flagship products, Aqua and Everst.
$BSB is a multi-utility token that will serve three core functions within the Block Street ecosystem: utility and access, staking and economic alignment, and governance. As a utility token, $BSB will be used for participating in trading and liquidity programs, accessing premium execution tiers, and for eligibility in structured yield products. Staking $BSB will allow participants to align with the long-term health of the protocol, signal commitment to unlock higher participation tiers, and in the future, may be tied to performance-based mechanisms. As a governance token, $BSB will empower holders to vote on key parameters across the Unified Liquidity Layer, including fee structures, risk model adjustments, and treasury allocations.
Block Street’s ecosystem is designed to address the critical challenges of liquidity fragmentation and market inefficiency in the rapidly growing tokenized asset market. The platform’s Unified Liquidity Layer, underpinned by a proprietary Hybrid Liquidity Engine, will provide a robust and scalable infrastructure for on-chain capital markets. Block Street’s two main products, Aqua and Everst, will leverage this infrastructure to provide a comprehensive suite of services for institutional and retail users.
- Aqua is a cross-protocol liquidity network that aggregates liquidity from various sources to ensure best execution and minimal slippage for traders.
- Everst is a leverage and liquidity protocol that allows users to borrow, hedge, and yield-farm against tokenized stocks.
The total supply of $BSB is capped at 1 billion tokens, with a detailed allocation plan designed to foster long-term growth and community engagement. The allocation includes incentives for community and users, ecosystem partners, team and advisors, and investors, as well as provisions for exchange listings and marketing.
About Block Street
Block Street is a financial technology company building institutional-grade unified liquidity infrastructure for tokenized assets. The company’s mission is to bring the fairness, efficiency, and scale of institutional markets to an open, programmable layer that everyone can access. Block Street’s Unified Liquidity Layer, powered by its native token $BSB, is designed to be the equity backbone of tomorrow’s financial system.
