sKORU, issued by Stablestocks Lab Limited, is a tokenized stock representing one underlying share of Direxion MSCI Daily South Korea Bull 3X Shares (KORU), minted on deposit and burned on redemption and backed one-for-one by real shares held in custody with licensed brokers. [S1][S2]

Each sKORU token tracks the live market price of Direxion MSCI Daily South Korea Bull 3X Shares (KORU), a leveraged ETF, and passes through economic rights including dividends, though voting rights are reserved for custodian holders. [S1][S2] If the underlying issues a distribution and eligibility requirements are met, holders receive a corresponding amount. [S1] StableStock charges a Service Fee of 0.1% of transaction amount, alongside upstream broker and exchange fees borne per order. [S3]

Stablestocks Lab Limited, incorporated under the laws of the British Virgin Islands and operating from Singapore, does not hold financial-services licenses and disclaims being a regulated financial entity, relying on licensed brokerage partners holding an Australian Financial Services Licence (AFSL), a Hong Kong SFC Type 1 License, and a U.S. Money Services Business (MSB) Registration. [S2][S4][S5] An sToken is the tokenized representation of a real-world stock backed one-for-one by an underlying share held with licensed brokers. [S1][S2] Tokenized equities are offered only to Qualified Investors and are barred from U.S. persons. [S4] Holders can redeem and burn sStocks at any time to retrieve the underlying stock. [S1][S2]

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

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    { 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" },
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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.

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Real-world asset (RWA) issuers

StableStock

StableStock Direxion MSCI Daily South Korea Bull 3X Shares (sKORU) 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.

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

StableStock Direxion MSCI Daily South Korea Bull 3X SharessKORU

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