According to Binance's announcement on October 23, the exchange will distribute cash dividends to holders of tokenized securities ASMLB (ASML Holding) and NOKB (Nokia) through its bStocks platform. After deducting applicable withholding taxes, fees, and other costs, the net dividend will be reinvested to purchase additional shares or fractional shares of the corresponding securities. Eligible users will receive the additional holdings in ASMLB or NOKB token form.
The eligibility snapshot is set for October 27 at 00:00 UTC. Binance will suspend 1:1 exchange services between ASML and Nokia stocks and their corresponding bStocks on October 26 at 23:30 UTC, and will also halt deposits and withdrawals of ASMLB and NOKB. Related services will resume after dividend distribution is completed. NOKB/USDT and ASMLB/USDT trading will not be affected.