Binance Launches Tokenized Representation of Nasdaq-100 Index Shares

The Invesco QQQ Trust Tokenized bStocks (QQQB) is a tokenized representation of shares in the Invesco QQQ Trust, an exchange-traded fund (ETF) that tracks the Nasdaq-100 Index.

This product is part of Binance's bStocks framework, which aims to bridge traditional financial assets with digital markets.

Each token is backed 1:1 by a corresponding share of the underlying ETF held by the issuer through a U.S. regulated broker-dealer.