Cryptopedia - SanDisk Tokenized bStocks
SNDKB represents a tokenized bStock that provides economic exposure to SanDisk. Holders have the right to convert the token into the underlying security on the Binance.com platform, in accordance with applicable laws. The Issuer fully backs each token with the corresponding equity, which is held by a US-regulated broker-dealer. Investors benefit from price fluctuations and dividends, along with the option to exchange the token for the underlying share at a 1:1 ratio. These tokens are available for trading 24/7.
