Cryptopedia - Tradr 2X Long SNDK ETF Tokenized bStocks
SNXXB is a tokenized bStocks product that provides economic exposure to the Tradr 2X Long SNDK ETF. It grants holders the right to convert tokens into the underlying security on Binance.com, in compliance with relevant laws. The Issuer holds the corresponding equity at a US-regulated broker-dealer, ensuring each token is fully backed. Investors receive dividends and track price movements, with the ability to trade 24/7 and convert tokens to underlying shares at a 1:1 ratio.
