Cryptopedia - ProShares UltraPro Short QQQ Tokenized bStocks
ProShares UltraPro Short QQQ Tokenized bStocks (SQQQB) is a tokenized bStock providing economic exposure to ProShares UltraPro Short QQQ. It grants holders the right to convert tokens into the underlying security on the Binance.com platform, in compliance with applicable laws. The Issuer holds the corresponding underlying equity at a US-regulated broker-dealer, ensuring each token is fully backed. Investors receive price movements and dividends, along with the ability to convert tokens to underlying shares at a 1:1 ratio, allowing for 24/7 trading.
