🧩Why bStock is not a “stock in blockchain”?

Here, the legal structure is what matters.

Binance explicitly states: bStocks are Certificates representing certain Financial Instruments, not direct ownership of shares in a company.

What does this mean in practice?

A bStock holder receives economic exposure to the price movements of the underlying stock and a mechanism related to dividends, but they do not become a direct shareholder of the company.

For example, $SKHYB is associated with SK Hynix shares and is backed by them 1:1. But the token itself is a certificate, not an SK Hynix share. So you shouldn’t automatically transfer all the legal rights of a regular shareholder to bStock. (Binance)

And this, in my opinion, is the key difference between a “tokenized share” in everyday understanding and the real legal structure of bStocks.

A token may mirror the economic link to a stock, but that does not mean it is legally the same as the stock.

Have you previously paid attention specifically to the legal form of bStocks?


@BinanceCIS #bStocksCIS $SKHYB