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Category: bStocks

binancebStocksCryptodividendsTechnologytokenization

Binance Adds Dividend Support For Four More Leveraged ETF bStocks

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TL;DR Binance will support cash dividend distributions for SOXS, MUU, TQQQ and SQQQ bStocks. Eligible holders receive the distributions in USDT based on record-date balances. The announcement covers four tokenized leveraged-ETF products. Binance is broadening corporate-action support across its bStocks lineup, adding cash-dividend processing for four leveraged ETF products. The supported tokens track SOXS, MUU, […]
binancebStocksCryptodividendsSOXLTechnology

Binance Extends Tokenized Stock Utility With SOXL Dividend Support

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TL;DR Binance will process cash dividends for SOXL bStocks holders based on eligible token balances. Distributions are credited in USDT to users’ spot accounts. The tokenized product passes through financial distributions but does not give holders conventional shareholder voting rights. Binance is adding another piece of conventional equity ownership economics to its tokenized-stock product. The […]