ASIAN STAR is giving BNB to shareholders: Can you get it by holding just 100 shares? Check these 4 conditions first
ASIAN STAR (ticker 8946), a real estate company listed on the Tokyo Stock Exchange Standard Market, passed a resolution at its board meeting on November 13 to offer shareholder benefits in the form of BNB worth a total of ¥8 million. Japanese investors are used to receiving rice and shopping vouchers; this time, it’s crypto.
The strict conditions in the original announcement:
1. Eligibility threshold: Hold at least 100 shares (one trading unit) as of December 31, 2026, according to the shareholder register.
2. It won’t be credited automatically: You have to apply, and you must be a resident of Japan. You also need to open an account in your own name at a crypto-asset exchange designated by the company and pass its review. Overseas investors are basically out of luck.
3. How it’s allocated: Points are awarded based on shareholdings. 100–499 shares: 1 point; 500–999 shares: 3 points; 1,000–4,999 shares: 6 points; 5,000 shares or more: 12 points. The ¥8 million is divided by the total points of all valid applicants to determine the value of each point, then converted into a BNB amount based on the price around March 2027. There’s no lottery; everyone whose application is approved gets a share.
4. Schedule (all dates are estimates): Notices mailed on January 31, 2027; applications accepted from mid-February; conversion price set and BNB distributed around March.
Here’s a calculation you can use directly: Looking at “points per 100 shares,” the 100-share tier gets 1 point, the 500-share tier gets 0.6 points, the 1,000-share tier gets 0.6 points, and the 5,000-share tier gets just 0.24 points. The more shares you hold, the fewer points you get per share. ¥8 million is the total pool, so the more applicants there are, the less each person gets. The company hasn’t said how much BNB each share will get, so don’t make up your own estimate.
Also note: The announcement states that these BNB do not confer any rights to the company’s future RWA products. Their value will fluctuate with the price of BNB, and you’ll need to check the tax implications yourself. This is a promotional move by the company to promote real estate RWAs on BNB Chain, not a reason to buy the stock.
Follow me for the ongoing [Tokenized Stocks] series, where I break down which traditional companies are going on-chain and who can participate and what conditions they need to meet.
#代币化股票 #RWA #BNBChain #Japan
$BNB
ASIAN STAR (ticker 8946), a real estate company listed on the Tokyo Stock Exchange Standard Market, passed a resolution at its board meeting on November 13 to offer shareholder benefits in the form of BNB worth a total of ¥8 million. Japanese investors are used to receiving rice and shopping vouchers; this time, it’s crypto.
The strict conditions in the original announcement:
1. Eligibility threshold: Hold at least 100 shares (one trading unit) as of December 31, 2026, according to the shareholder register.
2. It won’t be credited automatically: You have to apply, and you must be a resident of Japan. You also need to open an account in your own name at a crypto-asset exchange designated by the company and pass its review. Overseas investors are basically out of luck.
3. How it’s allocated: Points are awarded based on shareholdings. 100–499 shares: 1 point; 500–999 shares: 3 points; 1,000–4,999 shares: 6 points; 5,000 shares or more: 12 points. The ¥8 million is divided by the total points of all valid applicants to determine the value of each point, then converted into a BNB amount based on the price around March 2027. There’s no lottery; everyone whose application is approved gets a share.
4. Schedule (all dates are estimates): Notices mailed on January 31, 2027; applications accepted from mid-February; conversion price set and BNB distributed around March.
Here’s a calculation you can use directly: Looking at “points per 100 shares,” the 100-share tier gets 1 point, the 500-share tier gets 0.6 points, the 1,000-share tier gets 0.6 points, and the 5,000-share tier gets just 0.24 points. The more shares you hold, the fewer points you get per share. ¥8 million is the total pool, so the more applicants there are, the less each person gets. The company hasn’t said how much BNB each share will get, so don’t make up your own estimate.
Also note: The announcement states that these BNB do not confer any rights to the company’s future RWA products. Their value will fluctuate with the price of BNB, and you’ll need to check the tax implications yourself. This is a promotional move by the company to promote real estate RWAs on BNB Chain, not a reason to buy the stock.
Follow me for the ongoing [Tokenized Stocks] series, where I break down which traditional companies are going on-chain and who can participate and what conditions they need to meet.
#代币化股票 #RWA #BNBChain #Japan
$BNB
