Binance Launches SK Hynix Tokenized Security on BNB Smart Chain

SK Hynix (bStocks Tokenized Stock), traded as skhyb or SKHYB, is a tokenized security on Binance's bStocks platform. It allows non-U.S. users to invest in SK hynix Inc. shares through a BEP-20 token on the BNB Smart Chain.

The token, launched in July 2026, is backed by corresponding SK hynix ADR exposure held in regulated custody. Its market position is narrow but strategically revealing, with a volatile and inconsistent market-cap snapshot as of late July 2026.

SKHYB participates in a large distribution network, but the token itself remains an early and thinly adopted instrument. It does not have its own consensus mechanism or native execution layer; it inherits BNB Smart Chain's execution and settlement assumptions.