Salesforce (bStocks Tokenized Stock)CRMB
Salesforce (bStocks Tokenized Stock) (CRMB) is a token tracking CRM shares, backed by dedicated collateral, issued by Binance bStocks through Btech Holdings Ltd, and distributed through Binance bStocks with Alpaca as broker. The underlying security is listed in the information technology sector in North America. Each token tracks one underlying share, entitles holders to dividends, which are distributed as additional tokens, and carries no voting rights. The collateral assets are held by Alpaca Securities LLC in segregated accounts within a bankruptcy-remote structure. Retail investors and institutions AE can mint and redeem directly with Binance bStocks in USDC after completing KYC. Residents of the United States and jurisdictions under applicable sanctions cannot mint or redeem with Binance bStocks. Btech Holdings Ltd is incorporated in the United Arab Emirates, is regulated in Abu Dhabi's ADGM, and is supervised by the Financial Services Regulatory Authority. Holder terms are governed by the law of the United Arab Emirates. CRMB has been issued on BNB Chain as an ERC-20 token since September 2026.