PYPLB is a tokenized bStock that provides economic exposure to Paypal, along with the right to convert it into the underlying security on the Binance.com platform, subject to applicable laws. Every token is fully backed by the corresponding underlying equity, which the Issuer holds at a US-regulated broker-dealer. Holders receive price movements and dividends, as well as the right to convert the token at a 1:1 ratio to the underlying share, allowing for 24/7 trading.