And what happens to bStock when the company itself changes? đ
The stock price isnât the only thing you need to consider.
Companies can merge, acquire other businesses, or split into separate companies. In finance, this is called merger, acquisition, and spinoff.
For bStocks, these events also matter. Binance provides separate statuses for corporate actions, and trading a specific asset at this time may be temporarily restricted.
And hereâs an important detail: tokenizing a stock isnât enough just to move its price onto the blockchain.
You also need to correctly carry over the events that happen to the real company.
Thatâs where RWA becomes much more interesting than just âa stock in the form of a token.â
@BinanceCIS #bStocksCIS
The stock price isnât the only thing you need to consider.
Companies can merge, acquire other businesses, or split into separate companies. In finance, this is called merger, acquisition, and spinoff.
For bStocks, these events also matter. Binance provides separate statuses for corporate actions, and trading a specific asset at this time may be temporarily restricted.
And hereâs an important detail: tokenizing a stock isnât enough just to move its price onto the blockchain.
You also need to correctly carry over the events that happen to the real company.
Thatâs where RWA becomes much more interesting than just âa stock in the form of a token.â
@BinanceCIS #bStocksCIS
