⚠️ 1 bStock = 1 real share. But that does NOT mean you are a shareholder.
At first glance, there’s a contradiction here.
Binance states that each bStock is backed 1:1 by a corresponding real U.S. share, which is held with a regulated custodian.
But the bStock itself is a Certificate representing certain Financial Instruments, not directly a share of the company.
That is:
🟢 1:1 — means the collateral/backing ratio.
🔵 bStock — means your tokenized certificate.
🔴 This does NOT mean direct ownership of the share.
That’s why the owner of bStock receives an economic effect from the movement of the underlying asset and mechanisms related to dividends, but does not become a direct shareholder of the company.
To me, this seems to be one of the most important nuances of bStocks: 1:1 describes the backing, not the legal status of the owner.
Did you previously think that 1:1 automatically means direct ownership of the share?
@BinanceCIS #bStocksCIS $TSLAB
At first glance, there’s a contradiction here.
Binance states that each bStock is backed 1:1 by a corresponding real U.S. share, which is held with a regulated custodian.
But the bStock itself is a Certificate representing certain Financial Instruments, not directly a share of the company.
That is:
🟢 1:1 — means the collateral/backing ratio.
🔵 bStock — means your tokenized certificate.
🔴 This does NOT mean direct ownership of the share.
That’s why the owner of bStock receives an economic effect from the movement of the underlying asset and mechanisms related to dividends, but does not become a direct shareholder of the company.
To me, this seems to be one of the most important nuances of bStocks: 1:1 describes the backing, not the legal status of the owner.
Did you previously think that 1:1 automatically means direct ownership of the share?
@BinanceCIS #bStocksCIS $TSLAB