Cryptopedia - Alphabet Tokenized bStocks
GOOGLB is a tokenized bStocks product that provides economic exposure to Alphabet. It grants holders the right to convert 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 at a US-regulated broker-dealer. Investors receive benefits from price movements and dividends, along with a 1:1 conversion right to the underlying share. These tokens are tradeable 24/7.
