Cryptopedia - Direxion MU Bull 2X ETF Tokenized bStocks
MUUB is a tokenized bStocks product that provides economic exposure to the Direxion MU Bull 2X ETF. It also grants holders the right to convert their tokens into the underlying security on the Binance.com platform, in accordance with applicable laws. The Issuer fully backs each token with the corresponding underlying equity, which is held at a US-regulated broker-dealer. Holders receive benefits from price movements and dividends, along with the ability to convert tokens to underlying shares at a 1:1 ratio. These tokens are tradeable 24/7.
