Binance bStocks is “paying dividends” to tokenized US stocks: users holding WDCB and NVDAB can use bStocks to receive stock token portions corresponding to cash dividends from Western Digital (WDC) and NVIDIA (NVDA).
Cross-checked by Deep Tide TechFlow, PANews, and Odaily (to confirm via official announcements): after deducting costs such as withholding tax and fees, the net amount is reinvested into additional units or fractional shares of the same underlying; on-chain holdings are adjusted via multipliers upon crediting. Eligibility is determined by the snapshot—WDCB at 08:00 today (Sept 8, GMT+8), and NVDAB at 08:00 on Sept 10 (GMT+8). The trading pairs WDCB/USDT and NVDAB/USDT remain active; however, WDCB deposits/withdrawals and flash swaps have been paused starting today at 07:30, while NVDAB is scheduled to be paused at 07:30 on Sept 10. Trading resumes after the distribution is completed.
Earlier, bStocks just reported that cumulative trading volume exceeded roughly $30 billion. With the dividend mechanism now implemented, it effectively pushes the “tokenized US stocks” concept one step further from a trading tool into a full equity-ownership loop.
Clarify the boundaries: this is corporate action dividend reinvestment, not an airdrop and not an extra subsidy. Don’t read “can receive dividends” directly as a stock-price signal or <0>$BNB </0> short-term catalyst. Regional compliance and account types will also affect whether participation is possible. Dividends received by savings, leverage, and other account types are typically credited to the spot account per the announcement—follow the official details.
Market reference (Binance): $BTC about $79,000, and $BNB about $744. RWA products are starting to run “dividends” in practice—harder than just a slogan.
$BNB $BTC
#币安 #bStocks #RWA
Not investment advice
Cross-checked by Deep Tide TechFlow, PANews, and Odaily (to confirm via official announcements): after deducting costs such as withholding tax and fees, the net amount is reinvested into additional units or fractional shares of the same underlying; on-chain holdings are adjusted via multipliers upon crediting. Eligibility is determined by the snapshot—WDCB at 08:00 today (Sept 8, GMT+8), and NVDAB at 08:00 on Sept 10 (GMT+8). The trading pairs WDCB/USDT and NVDAB/USDT remain active; however, WDCB deposits/withdrawals and flash swaps have been paused starting today at 07:30, while NVDAB is scheduled to be paused at 07:30 on Sept 10. Trading resumes after the distribution is completed.
Earlier, bStocks just reported that cumulative trading volume exceeded roughly $30 billion. With the dividend mechanism now implemented, it effectively pushes the “tokenized US stocks” concept one step further from a trading tool into a full equity-ownership loop.
Clarify the boundaries: this is corporate action dividend reinvestment, not an airdrop and not an extra subsidy. Don’t read “can receive dividends” directly as a stock-price signal or <0>$BNB </0> short-term catalyst. Regional compliance and account types will also affect whether participation is possible. Dividends received by savings, leverage, and other account types are typically credited to the spot account per the announcement—follow the official details.
Market reference (Binance): $BTC about $79,000, and $BNB about $744. RWA products are starting to run “dividends” in practice—harder than just a slogan.
$BNB $BTC
#币安 #bStocks #RWA
Not investment advice
