SOXLB represents a tokenized bStocks product that provides economic exposure to the Semicon Bull 3X ETF. It also grants holders the right to convert their tokens into the underlying security on the Binance.com platform, in accordance with relevant laws. The Issuer fully backs each token with the corresponding underlying equity, which is held by a US-regulated broker-dealer. Holders benefit from price fluctuations and dividends, and they possess the right to convert the token at a 1:1 ratio for the underlying share, allowing for trading around the clock, 24/7.