Binance will distribute cash dividends in USDT to SOXL bStocks holders based on their eligible balances on the record date. These payments replicate the financial mechanics of standard dividends from the Direxion Daily Semiconductor Bull 3X Shares ETF. This functionality tests the ability of tokenized products to fully replicate the financial experience of holding stocks. Holders receive economic benefits from dividends but do not have access to voting rights or direct registration in the issuer’s shareholder records. This advancement makes tokenized stock products more complete as financial instruments.
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