NVIDIA (bStocks Tokenized Stock) 

NVDAB Price

What is NVDAB tokenized stock?

NVDAB is a 1:1 tokenized representation of NVIDIA Corp (NASDAQ: NVDA) common stock, giving crypto traders on-chain exposure to NVIDIA without leaving a DEX. Binance issued NVDAB under the bStocks program on June 11, 2026 as a BEP-20 token on BNB Smart Chain. Each token is backed by one real NVIDIA share held in Binance custody, with a Proof of Collateral page for verification. Legally, NVDAB is a "Certificate representing certain Financial Instruments" regulated under ADGM (Abu Dhabi Global Market).

How does the NVDAB tokenized stock track NVIDIA's price?

NVDAB tracks NVIDIA's share price through a 1:1 backing model. Each NVDAB token corresponds to one NVIDIA common share held in custody by Binance. The peg is maintained by mint/burn mechanics: tokens are minted only when underlying equity is deposited and burned on redemption back to traditional shares. Dividends are auto-reinvested on the ex-date, with fractional holders earning proportionally. Arbitrage between NVDAB spot and the NVIDIA share price keeps the wrapper close to par during US market hours and overnight.

Is NVDAB the same as owning NVIDIA shares?

No. NVDAB does not confer NVIDIA shareholder ownership rights. The token is a certificate over a custodied share, regulated under ADGM, not a direct NVIDIA equity holding. NVIDIA Corp is not affiliated with NVDAB and does not issue the token — Binance's bStocks program does. Holders receive economic exposure (price movement, reinvested dividends) but no voting rights, no direct claim on NVIDIA, and no transferable share certificate. This makes NVDAB a price-tracking wrapper rather than a share substitute.

How is NVDAB supply created and destroyed?

Supply is elastic to tokenization demand, not a fixed emission schedule. Binance mints new NVDAB when a user deposits NVIDIA shares into the bStocks program at zero conversion fee. Binance burns NVDAB when a holder redeems tokens back into traditional equity, subject to conditions. There is no max supply cap, no team allocation, and no scheduled unlock — the on-chain count reflects how many NVIDIA shares are currently tokenized at any moment. DropsTab records a total supply of 43,312 NVDAB as of August 2026.

Where can the NVDAB tokenized stock be traded?

NVDAB trades on both centralized and decentralized venues. Confirmed CEX listings include Binance and LBank, both quoting NVDAB/USDT as the primary pair. DEX liquidity concentrates on BNB Smart Chain through PancakeSwap V3 (NVDAB/BSC-USD, NVDAB/WBNB), Uniswap V3 and Uniswap V4 on BSC, and Topaz pools. USDT dominates CEX pairs; BSC-USD dominates DEX pairs. Trading is 24/7 with no market close, unlike the underlying NASDAQ session.

Is NVDAB available to US persons?

No. bStocks, including NVDAB, are explicitly not offered, sold, or distributed to US persons. The product targets non-US jurisdictions only, which limits the set of accessible venues for US-based traders. Geofencing is enforced at the Binance platform level, and US-accessible DEX pools still carry the same legal restriction on the underlying certificate. This restriction is structural to the ADGM-regulated wrapper and applies regardless of where the token is technically tradeable on-chain.

What backs NVDAB's value?

Each NVDAB token is backed 1:1 by one NVIDIA Corp common share held in custody by Binance. A Proof of Collateral page lets holders verify that the custodied share inventory matches the minted token supply. The backing is share-based, not cash or stablecoin-based — so NVDAB's value derives directly from NVIDIA's equity price rather than from a reserve ratio. Custody risk therefore sits with Binance as the issuer and custodian of the bStocks wrapper.

Are there risks to holding NVDAB?

NVDAB carries issuer and custody risk concentrated in Binance as the sole custodian of the underlying NVIDIA shares. The token is a regulated certificate, not a direct share, so holders have no claim on NVIDIA Corp and no voting rights. Liquidity is thinner than NASDAQ-listed NVDA, and pricing can diverge outside US market hours. Geofencing excludes US persons. Redemption back to traditional equity is conditional, not guaranteed on demand. DropsTab's Exchanges feed has also shown intermittent timeouts for this asset, so venue coverage should be re-checked live.