longbridgelongbridge
  • Platform Features
    Features
    Investment ProductsPrivate Wealth ManagementTrading ToolsMarket Data ServicesAnalysis ToolsNews ServicesFor Developers
    Account Types
    For IndividualsFor Institutions
  • Café
longbridge
© 2026 Longbridge|Terms of ServicePrivacy Policy

FBY

FBY
9.0501.42%( -0.130 )

LongbridgeAI

Binance Will Support Cash Dividend Distribution for 4 bStocks Tokens

CoinLive
Sep 18, 2026 at 05:02 AM
According to the announcement from Binance, the platform will support cash dividend distribution for Broadcom (AVGO), Invesco QQQ Trust (QQQ), Meta (META), and Seagate (STX) through the bStocks tokens AVGOB, QQQB, METAB, and STXB. The net cash dividend, after applicable withholding taxes, fees, costs, and other deductions, will be reinvested into additional units or fractions of the same underlying security. Eligible users will receive the dividend in the form of AVGOB, QQQB, METAB, and STXB bStocks, while on-chain holders of these tokens will receive the dividend through a multiplier adjustment. Trading of AVGOB/USDT, QQQB/USDT, METAB/USDT, and STXB/USDT will not be affected. For AVGOB, QQQB, and METAB, the token conversion service for 1:1 swaps between AVGO/AVGOB, QQQ/QQQB, and META/METAB will be suspended at 2026-09-18 23:30 (UTC), and deposits and withdrawals of these tokens will be suspended at 2026-09-20 23:30 (UTC). Users with holdings on the record date snapshot at 2026-09-21 00:00 (UTC) will be eligible for the distribution. For STXB, the token conversion service for 1:1 swaps between STX stock and STXB bStocks will be suspended at 2026-09-23 23:30 (UTC), and deposits and withdrawals of STX will be suspended at the same time. Users with STXB holdings on the record date snapshot at 2026-09-24 00:00 (UTC) will be eligible for the dividend distribution. Binance said deposits, withdrawals, and token conversion services for AVGOB, QQQB, METAB, and STXB will resume when the distribution is completed, and no further announcement will be posted. The company added that dividends earned from assets held in other accounts, including Savings Account and Margin Account, will be credited to the Spot Account. Binance will handle the technical requirements for users involved in the event, and reinvestment and distribution will occur after deduction of withholding tax. Binance Convert will pause the conversion of AVGOB, QQQB, and METAB and all associated pairs at 2026-09-20 23:30 (UTC), while conversion of STXB and all associated pairs will pause at 2026-09-23 23:30 (UTC).

Source: CoinLive The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.

Recommended Readings

  • Sep 18, 2026 at 10:55 AMWarren Buffett exits Berkshire Hathaway as his son Howard becomes chairman
  • Sep 18, 2026 at 09:20 PMUnsealed Documents Highlight Microsoft And OpenAI Concerns Over Use Of News Content
  • Sep 18, 2026 at 07:15 PMElon Musk talks up AI safety while fighting regulation in wild week of strange alliances
  • Sep 18, 2026 at 01:51 PMA 9-year data review of the Federal Reserve, the US dollar, the Nasdaq, ETFs, and stablecoins.
  • Sep 18, 2026 at 12:00 PMGenerac Plugs into Amazon for an $8B AI-Powered Deal

Related Stocks

Meta Platforms

Meta Platforms

USMETA

-2.43%

Seagate Tech

Seagate Tech

USSTX

+6.93%

Broadcom

Broadcom

USAVGO