SK Hynix (bStocks Tokenized Stock) 

SKHYB Price

What is SK Hynix (bStocks Tokenized Stock) (SKHYB)?

SK Hynix (bStocks Tokenized Stock) (SKHYB) is a tokenized-stock certificate that gives crypto traders 24/7 on-chain exposure to SK Hynix, the Korean memory maker behind a leading share of global HBM/DRAM supply for AI. Issuer BTech Holdings Limited, described by Binance as a Binance group affiliate, issues bStocks as BEP-20 certificates on BNB Smart Chain under an approved prospectus in Abu Dhabi Global Market (ADGM). Each SKHYB token represents an interest in underlying SK Hynix shares (KRX: 000660) held by the issuer.

Is SKHYB backed by real SK Hynix shares?

Yes. Each SKHYB certificate represents an interest in SK Hynix shares held by BTech Holdings Limited, with one token designed to track one underlying share. Binance's ADGM entities — Nest Exchange, Nest Clearing and Custody, and Nest Trading — fill the trading, clearing and custody infrastructure roles. Holders do not own shares directly. The certificates confer no direct share ownership and no shareholder or voting rights.

Can you withdraw SKHYB (bStocks) to self-custody?

Yes. SKHYB is a BEP-20 token on BNB Smart Chain, so holders can withdraw tokens to self-custody wallets on BNB Chain. Deposits and withdrawals run on the same on-chain contract that decentralized venues trade. This differs from traditional brokerage stock, where shares stay inside a broker account. The trade-off: self-custodied SKHYB moves custody risk from the platform to the holder.

Does SKHYB have a token unlock schedule or vesting?

No. SKHYB has no unlock schedule, vesting cliff, or insider allocation because the token is a redeemable certificate, not a protocol token with a token generation event. Supply expands when the issuer mints SKHYB against deposited SK Hynix shares, and contracts when tokens are burned on redemption. Sell pressure in SKHYB therefore comes from market flow, not from a dated unlock calendar.

Where can I trade SKHYB tokenized stock?

Per DropsTab data, SKHYB trades on BingX (SKHYB/USDT spot) plus multiple PancakeSwap v2 DEX pairs (SKHYB/BNB and SKHYB/SPCX). Binance also runs a native SKHYB/USDT spot market inside its bStocks product, listed on 2026-07-13. Liquidity concentrates in the BingX CEX pair. The PancakeSwap v2 pools are thin, so slippage on DEX exits is material for larger orders.

What blockchain is SKHYB on and what is the SKHYB contract address?

SKHYB is a BEP-20 certificate on BNB Smart Chain (chain ID 56). The contract address is 0xca750ef65f295bbecd685abf54e82caf297bdb61. Token holdings and mint/burn events are verifiable on the Bsctrace block explorer. The issuance side is governed by ADGM-approved documentation — the prospectus, risk disclosures, and bStocks minting and redemption product terms.

Do bStocks tokenized SK Hynix certificates pay dividends?

SKHYB holders do not hold SK Hynix shares directly, so dividend payments to shareholders of record on the Korean register do not reach certificate holders automatically. Whether any dividend-equivalent pass-through exists is governed by the bStocks prospectus and product terms, not by SK Hynix's shareholder process. The certificates explicitly confer no shareholder or voting rights.

Is SKHYB available in the US?

No. The SKHYB offering is not registered under the US Securities Act and is not available to US persons. Secondary-market access is restricted to eligible users in approved jurisdictions. The product is offered under an approved prospectus in Abu Dhabi Global Market (ADGM), and regulatory risk is one of the disclosed risks for bStocks.

What are the main risks of holding SKHYB?

SKHYB holders bear four disclosed risks. Issuer risk: the backing shares sit with BTech Holdings Limited and its custodian, not with the token holder. Custody risk applies on top of that. Liquidity risk is real — order flow concentrates in multiple CEX pairs while DEX pools are thin. Regulatory risk covers jurisdictional access limits. SKHYB tracks SK Hynix's share price but does not replicate share ownership.