Nebius Group N.V. 

NBIS Price

What is the Nebius Group (NBIS) tokenized stock?

Nebius Group N.V. is an Amsterdam-headquartered AI infrastructure company, and NBIS on DropsTab is a tokenized-stock representation of its NASDAQ-listed equity — not a crypto-native token. Nebius Group builds a full-stack AI cloud spanning GPU compute, data, model training, and inference. DropsTab classifies NBIS as TradFi, with no token supply and no on-chain contracts. Each NBIS token tracks the price of one NASDAQ:NBIS share.

Why did Nebius Group change its ticker from YNDX to NBIS?

Nebius Group N.V. is the successor to Yandex N.V. In July 2024, Yandex N.V. divested its Russian assets and retained its international businesses, renaming to Nebius Group N.V. The NASDAQ ticker changed from YNDX to NBIS effective 21 August 2024. Trading resumed in October 2024. Founder and CEO Arkady Volozh leads Nebius Group.

What does Nebius Group's AI cloud business do?

Nebius Group operates a full-stack AI cloud covering GPU compute, data pipelines, model training, and inference. Beyond the core Nebius AI cloud, Nebius Group holds Avride (autonomous driving and delivery), TripleTen (edtech), and stakes in Toloka (AI data labeling) and ClickHouse. Nebius Group is headquartered in Amsterdam and listed on NASDAQ under NBIS.

How does the NBIS tokenized stock work?

NBIS tokenized stock represents synthetic or collateral-backed exposure to one NASDAQ:NBIS share. NBIS has no fixed token supply — units expand or contract through mint and redemption against the underlying share, not a preset tokenomics model. The economic value of each NBIS token tracks the underlying NASDAQ share price. Crypto venues price NBIS against the NASDAQ listing, which remains the deepest and most authoritative market.

Is NBIS a stock or a crypto token?

NBIS is a tokenized stock, not a crypto-native coin or token. DropsTab classifies NBIS as TradFi, with no maximum or total token supply and no on-chain contracts — consistent with an equity-linked real-world asset (RWA), not a blockchain-native asset. The underlying NBIS is a US-listed, Dutch-domiciled public equity. Token unlock, fundraising, and airdrop concepts do not apply to NBIS.

What backs the NBIS tokenized stock's value?

NBIS tokenized-stock value is backed by exposure to the underlying NASDAQ:NBIS equity, though backing varies by wrapper. Ondo Finance's NBISon holds US shares, ETFs, and cash with US broker-dealers, uses an independent verification and security agent, and supports 24/5 mint and stablecoin redemption. bStocks' NBISB offers similar collateral-backed on-chain exposure. Perpetual and futures listings, by contrast, provide synthetic price exposure without holding the underlying NBIS share.

Do NBIS holders receive dividends from the tokenized stock?

Dividend treatment depends on the wrapper. Under Ondo Finance's NBISon, dividends — if Nebius Group pays any — are reinvested into the underlying asset net of withholding tax, rather than paid out as a token emission. Perpetual and futures NBIS products track price only and carry no dividend entitlement. Nebius Group's actual dividend policy is disclosed through investor-relations and SEC filings, not on-chain.

Where does NBIS trade — on spot or perpetual venues?

Per DropsTab data, NBIS trades across 10+ markets weighted toward derivatives — perpetual and futures venues outnumber the two centralized-exchange (CEX) spot listings, with zero decentralized-exchange (DEX) listings. Spot NBIS trades on Bitget and Crypto.com. Perpetual exposure dominates via Binance Futures, Bybit, OKX, and Hyperliquid. On-chain spot depth for the tokenized NBIS share is thin relative to the perpetual venues, so much crypto-side NBIS activity is synthetic rather than fully-backed spot.