IRENB represents a tokenized bStock that provides economic exposure to IREN Limited. It grants holders the right to convert the token into the underlying security on the Binance.com platform, in accordance with applicable laws. The Issuer fully backs each token with the corresponding equity, which is held by a US-regulated broker-dealer. Holders benefit from price fluctuations and dividends, along with the ability to exchange the token for the underlying share at a 1:1 ratio. These tokens are available for trading 24/7.