Binance to Distribute WDC and NVDA Dividends via bStocks
Binance announced that it will distribute dividends for Western Digital (WDC) and NVIDIA (NVDA) to eligible holders of WDCB and NVDAB tokens through bStocks. Dividends will be issued as additional units or fractional shares of the respective stock tokens after tax and cost deductions. On-chain holders will receive dividends via a multiplier adjustment. Snapshots are scheduled for September 8 for WDCB and September 10 for NVDAB. Deposits, withdrawals, and flash swap services for these tokens will be temporarily suspended during the distribution process.
Summaries are written by AI from the original article. Not investment advice.