TSMB represents tokenized bStocks that provide economic exposure to TSMC. Holders have the right to convert these tokens into the underlying security on the Binance.com platform, in accordance with applicable laws. Every token is fully backed by the corresponding equity held by the Issuer at a US-regulated broker-dealer. This structure allows you to capture price movements and dividends, while offering the option to convert tokens to underlying shares at a 1:1 ratio. These assets are tradeable 24/7.