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Binance will distribute via bStocks to eligible ASMLB、NOKB holders the net dividend amount of the corresponding stock and reinvest it in the form of additional token units or fractional shares. The snapshot date is October 27 date 8: 00(UTC+).
The report discusses PAPER potential issues involving liquidity, dividends, and redistribution of interests after the transfer suspension.
PANews cited an official announcement as stating that Binance will reinvest the net cash dividends of MRVLB and ORCLB in additional or fractional units of the corresponding securities, and distribute the corresponding stock-token dividends to eligible users. On-chain holders will receive dividends through a multiplier adjustment.
X account @phongle posted: “The era of always-on capital markets is here. Daily dividends, 365 days a year.”
Binance says that users who held QQQB before September 21 have received a per-share 0.75 USD dividend, distributed to their Spot Wallets in the form of additional QQQB.
