Binance Deposits IBM Dividends in Crypto Wallets
Binance has distributed IBM dividends to holders of its IBMB tokenized equity token. The $1.69 per share dividend matches what traditional shareholders receive from IBM, but went directly into crypto Spot Wallets on Binance's platform.
The bStocks platform allows users to buy and sell tokenized shares of major US equities, including AAPLB for Apple shares, 24/7. The snapshot for this particular distribution was set at 00:00 UTC on August 10, 2026, and anyone holding IBMB in their Spot account at that moment qualified for the payout.
Binance has credited over $500 million in assets to its bStocks platform since its launch in June 2026. This distribution follows precedent set with other bStock tokens, suggesting Binance has built the infrastructure to handle these payouts systematically rather than as one-off events.