Binance to Support bStocks Dividend Distribution for TSMB and CRMB Holders
According to the announcement from Binance, the platform will support the Taiwan Semiconductor Manufacturing Company Limited (TSM) and Salesforce (CRM) cash dividend distribution via bStocks for TSMB and CRMB holders. The net amount of the cash dividend will be reinvested after applicable withholding taxes, fees, costs, and other deductions into additional units or fractions of the same underlying security. Eligible users will receive dividends in the form of TSMB and CRMB bStocks, while on-chain holders of TSMB and CRMB will receive the bStock dividends through a multiplier adjustment. General trading of CRMB/USDT and TSMB/USDT will not be affected. Binance said it will handle the technical requirements for users involved in this event, and dividends earned from assets held in other accounts will be credited to the Spot Account, including but not limited to Savings Account and Margin Account. Eligibility and Schedule: Users with TSMB holding TSM on the record date snapshot at 2026-09-16 00:00 (UTC) will be eligible for the dividend distribution, while users with CRMB holding CRM on the record date snapshot at 2026-09-17 00:00 (UTC) will be eligible. For TSMB, the token conversion service for 1:1 swaps between TSM stock and TSMB bStocks will be suspended at 2026-09-15 23:30 (UTC), and deposits and withdrawals of TSMB tokens will also be suspended at the same time. For CRMB, the token conversion service for 1:1 swaps between CRM stock and CRMB bStocks will be suspended at 2026-09-16 23:30 (UTC), and deposits and withdrawals of CRMB will be suspended then as well. Binance said deposits, withdrawals, and the token conversion service for CRMB and TSMB will resume when the distribution is completed, and no further announcement will be posted. Binance Convert will pause the conversion of TSMB and all associated pairs at 2026-09-15 23:30 (UTC), and it will pause the conversion of CRMB and all associated pairs at 2026-09-16 23:30 (UTC).
According to the announcement from Binance, the platform will support the Taiwan Semiconductor Manufacturing Company Limited (TSM) and Salesforce (CRM) cash dividend distribution via bStocks for TSMB and CRMB holders. The net amount of the cash dividend will be reinvested after applicable withholding taxes, fees, costs, and other deductions into additional units or fractions of the same underlying security. Eligible users will receive dividends in the form of TSMB and CRMB bStocks, while on-chain holders of TSMB and CRMB will receive the bStock dividends through a multiplier adjustment. General trading of CRMB/USDT and TSMB/USDT will not be affected. Binance said it will handle the technical requirements for users involved in this event, and dividends earned from assets held in other accounts will be credited to the Spot Account, including but not limited to Savings Account and Margin Account. Eligibility and Schedule: Users with TSMB holding TSM on the record date snapshot at 2026-09-16 00:00 (UTC) will be eligible for the dividend distribution, while users with CRMB holding CRM on the record date snapshot at 2026-09-17 00:00 (UTC) will be eligible. For TSMB, the token conversion service for 1:1 swaps between TSM stock and TSMB bStocks will be suspended at 2026-09-15 23:30 (UTC), and deposits and withdrawals of TSMB tokens will also be suspended at the same time. For CRMB, the token conversion service for 1:1 swaps between CRM stock and CRMB bStocks will be suspended at 2026-09-16 23:30 (UTC), and deposits and withdrawals of CRMB will be suspended then as well. Binance said deposits, withdrawals, and the token conversion service for CRMB and TSMB will resume when the distribution is completed, and no further announcement will be posted. Binance Convert will pause the conversion of TSMB and all associated pairs at 2026-09-15 23:30 (UTC), and it will pause the conversion of CRMB and all associated pairs at 2026-09-16 23:30 (UTC).