Cryptopedia - Broadcom Tokenized bStocks
AVGOB represents a tokenized bStock that provides economic exposure to Broadcom. Holders have the right to convert these tokens into the underlying security on the Binance.com platform, in compliance 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 tokens for underlying shares at a 1:1 ratio. These assets are available for trading 24/7.
