Binance to Support Cash Dividend Distribution for Apple, IBM bStocks Holders

Binance said on Aug. 6 that it will support cash dividend distribution for holders of Apple (AAPL) and IBM (IBM) tokenized stocks bStocks, as reported by BlockBeats. After withholding tax, fees and other costs are deducted, dividends will automatically be reinvested into additional or fractional shares of the underlying securities. Eligible users will receive distributions in the form of AAPLB and IBMB bStocks. To qualify, users holding AAPLB and IBMB must meet position requirements at the record snapshot at 00:00 UTC on Aug. 10, 2026. On-chain holders will get dividends through a multiplier adjustment method. Binance also set out a timetable for related services. AAPLB/USDT and IBMB/USDT trading will remain unaffected. But the 1:1 conversion service between AAPL/IBM shares and AAPLB/IBMB bStocks will be suspended at 23:30 UTC on Aug. 7. Deposits and withdrawals for AAPLB and IBMB will be suspended at 23:30 UTC on Aug. 9. These services will resume after dividend distribution is completed.