Binance paid a 1.88 dollar per-share dividend to SPYB holders, the tokenized version of the SPDR S&P 500 ETF Trust listed on its bStocks platform. The distribution was made as additional SPYB tokens directly into investors’ spot wallets, automatically reinvested into the same position. Eligibility required holding SPYB in Binance spot wallets as of September 18, 2026 at 00:00 UTC. This initiative operates under the ADGM FSRA regulatory framework via BTECH Holdings Limited, a Binance affiliate, distinguishing it from the previous failed attempt to tokenize stocks in 2021.
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