Tesla (bStocks Tokenized Stock)TSLAb
Tesla (bStocks Tokenized Stock) (TSLAb) is a token tracking TSLA shares, backed by dedicated collateral, issued by Binance bStocks through Btech Holdings Ltd, and distributed through Binance with Alpaca as broker. The underlying security is listed in the consumer discretionary sector in North America. Each token tracks one underlying share, entitles holders to dividends, which are distributed as additional tokens, carries no voting rights, and carries an annual fee of 0%. The collateral assets are held by Alpaca Securities LLC in segregated accounts within a bankruptcy-remote structure. Residents of the United States 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. TSLAb has been issued on BNB Chain as an ERC-20 token since June 2026.