Binance Adds Dividend Support for SOXL Tokenized Stocks

Binance has announced that holders of SOXL tokenized stocks will now receive cash dividend distributions linked to the Direxion Daily Semiconductor Bull 3X Shares. These payments will be credited in USDT to users' spot accounts based on their holdings on the record date. While this feature allows tokenized products to better mirror the financial experience of traditional securities, Binance clarified that it does not grant holders conventional shareholder rights such as voting or direct registration.