sBIL, issued by Stablestocks Lab Limited, is a tokenized equity representing one underlying share of an exchange-traded fund, each token fully backed by a real fund unit held in custody with licensed brokers. [S1][S2]

sBIL provides economic exposure to the SPDR Bloomberg 1-3 Month T-Bill ETF (BIL), with each token price-tracking the underlying fund unit held 1:1 in custody. [S1][S2] If the underlying issues a distribution and eligibility requirements are met, holders receive a corresponding amount, but no voting rights, which remain with the custodian holder. [S1] StableStock charges a Service Fee of 0.1% of transaction amount, alongside upstream broker platform and settlement fees per share. [S3]

Stablestocks Lab Limited, brand StableStock, is incorporated in the British Virgin Islands and operates from Singapore. [S2][S4] It holds no financial-services license and disclaims being a regulated entity, stating none of its services constitute financial advice or solicitation. [S4] An sToken is the tokenized representation of a real-world stock backed 1:1 by an underlying unit held with licensed brokers carrying an Australian Financial Services Licence (AFSL), a Hong Kong SFC Type 1 License, and a U.S. Money Services Business (MSB) Registration. [S1][S2][S5] Tokenized equities are offered only to Qualified Investors, barred from U.S. persons, and remain redeemable at any time for the underlying. [S4][S1]

sBIL is issued onchain on BNB Chain via a liquidity partnership between StableStock and Native. [S1][S6] Holders mint tokens by depositing brokerage-held shares 1:1 into StableBroker and redeem by burning to retrieve the underlying, with Mint, Burn, Buy, and Sell records written permanently onchain and reserve coverage verified through weekly assurance reports. [S7][S1]

<Sources
  retrievedAt="2026-06-18"
  items={[
    { id: "S1", url: "https://stablestock.gitbook.io/ss/concepts/stokens" },
    { id: "S2", url: "https://stablestock.gitbook.io/ss/llms-full.txt" },
    { id: "S3", url: "https://stablestock.gitbook.io/ss/concepts/spot/fee.md" },
    { id: "S4", url: "https://stablestock.gitbook.io/ss/legal/terms_of_use.md" },
    { id: "S5", url: "https://stablestock.gitbook.io/ss/introduction/trust-and-security.md" },
    { id: "S6", url: "https://stablestock.gitbook.io/ss/concepts/stokens.md" },
    { id: "S7", url: "https://stablestock.gitbook.io/ss/concepts/transparency" },
  ]}
/>


Tokenized stocks

StableStock earns revenue from transaction fees on sStock issuance and redemption via its StableBroker product, and from the spread between deposit/withdrawal flows. Distribution is direct-to-retail (StableBroker app) and B2B via wallet/exchange integrations on BNB Chain.

StableStock issues sStock tokens — ERC-20 tokens on BNB Chain backed 1:1 by the underlying U.S. equity or ETF held at a licensed custodian. The product catalog spans 500+ tokenized stocks and ETFs (e.g. sAAPL, sNVDA, sTSLA, sQQQ) including newly-IPO'd names like sCRCL (Circle) and sBLSH (Bullish) and leveraged/inverse exposures. All sStocks are deployed as BeaconProxy contracts from a single upgradeable factory.

StableStock is an onchain stock asset platform that lets users buy and trade U.S. stocks and ETFs using stablecoins. StableStock is the issuer of sStock tokens — tokenized representations of equities — and is backed by YZi Labs (formerly Binance Labs) among others.

website

twitter

documentation

Real-world asset (RWA) issuers

StableStock

StableStock State Street SPDR Bloomberg 1-3 Month T-Bill ETF (sBIL) is a token tracking the underlying shares, backed by dedicated collateral with HabitTrade as broker.

Each token tracks one underlying share, entitles holders to dividends, and carries no voting rights.

Residents of the United States and Hong Kong cannot mint or redeem with StableStock.

sBIL is native to BNB Chain as an ERC-20 token.

StableStock State Street SPDR Bloomberg 1-3 Month T-Bill ETFsBIL

All metrics