Cryptopedia - Fluence Energy Tokenized bStocks
FLNCB represents tokenized bStocks that provide economic exposure to Fluence Energy. Holders have the right to convert these tokens 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. Investors receive benefits such as price movements and dividends, along with the ability to convert tokens to underlying shares at a 1:1 ratio. These assets are tradeable 24/7.
