NVIDIA (bStocks Tokenized Stock)

NVIDIA (bStocks Tokenized Stock) is a token trading under the symbol NVDAB and linked to the NVDA shares on Nasdaq of NVIDIA Corporation. The product belongs to the tokenized securities family Binance offers under the name bStocks and is issued on BNB Chain. According to Binance's bStocks page, these products are offered through Nest Trading Limited and related Binance ADGM entities, supervised by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).

In the same page's wording, bStocks are certificates representing certain financial instruments; although each token is said to be backed one-to-one by a real share, the token is not the share itself and does not give its holder direct ownership in the company. Dividends are reinvested automatically on the ex-date. Tokens can be held in a Binance account, in a self-custody wallet on BNB Chain or in decentralized finance applications. The products are not offered in the United States or to US persons, and users are asked to declare that they meet this condition.

Because the bStocks dividend and split multiplier cannot be tracked from open sources, Lzzo.com does not calculate a premium against the underlying share for this product. The price is taken from the NVDAB/USDT pair on Binance and converted into dollars at Coinbase Exchange's USDT/USD rate; if that source is not suitable, the reference value DefiLlama provides for the BNB Chain contract address is used.