Alibaba Tokenized bStocks (BABAB) provides economic exposure to Alibaba, including price fluctuations and dividends, along with the right to convert tokens into the underlying security on Binance.com where permitted by law. Every token is fully backed by the corresponding equity held by the Issuer at a US-regulated broker-dealer. Holders can trade these assets 24/7 and convert them at a 1:1 ratio to the actual share.