Binance bStocks Will Reinvest Oracle And Marvell Dividends Onchain
Summary
Binance said holders of its Oracle (ORCLB) and Marvell (MRVLB) tokenized stocks recorded at the October 9 snapshot will receive net cash dividends as additional fractions of the same bStock. The adjustment will be reflected through a change in each token’s multiplier, after taxes, fees and other deductions. Binance says bStocks represent an interest tied to underlying securities, not direct ownership of the shares, so dividend rights are handled through the product structure. Trading is expected to continue, while conversions, deposits and withdrawals will be temporarily suspended during distribution.
