Cryptopedia - BitMine Immersion Technologies Tokenized bStocks
BMNRB represents tokenized bStocks that provide economic exposure to BitMine Immersion Technologies. Holders have the right to convert these 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. Investors receive benefits such as price movements and dividends, along with the option to convert tokens to underlying shares at a 1:1 ratio. These assets are tradeable 24/7.
