SanDisk (bStocks Tokenized Stock)

SNDKB Price

About SanDisk (bStocks Tokenized Stock) (SNDKB)

SanDisk (bStocks Tokenized Stock) is a tokenized representation of SanDisk equity, issued as a BEP-20 certificate on the BNB Chain to provide on-chain exposure to U.S. securities.

• The asset is part of the bStocks ecosystem, where each token is backed 1:1 by a corresponding share of the underlying stock held by a regulated custodian.
• Holders benefit from automated dividend reinvestment on the ex-date and the ability to trade the asset 24/7 without traditional market closures.
• As a BEP-20 token, SNDKB can be self-custodied in compatible wallets and integrated into decentralized finance (DeFi) protocols on the BNB Chain.

What Is SanDisk (bStocks Tokenized Stock)

SanDisk (bStocks Tokenized Stock) bridges traditional equity markets with the blockchain by allowing users to hold and trade digital certificates representing SanDisk shares. The value of the token is derived directly from the performance and corporate actions of the underlying stock. Users have the option to convert between the direct stock and the tokenized version at a 1:1 ratio, facilitating seamless movement between traditional and digital asset environments.

In the bStocks ecosystem, the token is "put to work" by providing a liquid, on-chain representation of equity value. This enables the asset to be used as collateral in lending protocols or as a pair in liquidity pools, allowing investors to maintain their equity exposure while accessing DeFi utility. As the ecosystem of tokenized stocks grows, the integration of these assets into broader financial applications on the BNB Chain is designed to scale with user demand.

What Makes SanDisk (bStocks Tokenized Stock) Unique

• 1:1 Backing: Every SNDKB token is backed by a physical share held with a regulated custodian, ensuring structural parity with the underlying equity.
• 24/7 Trading: Unlike traditional stock markets, bStocks can be traded at any time, including weekends and holidays, with instant settlement on the blockchain.
• Automated Dividends: Dividends are automatically reinvested into the token on the ex-date, which often occurs before the actual payment date in traditional finance.
• Regulatory Framework: The asset is issued under a prospectus approved by the ADGM's Financial Services Regulatory Authority (FSRA) and is admitted to the FSRA Official List.

What Can You Use SanDisk (bStocks Tokenized Stock) for?

• Asset Diversification: Investors can gain exposure to traditional U.S. technology stocks while keeping their portfolio within a blockchain-based environment.
• DeFi Integration: The BEP-20 standard allows SNDKB to be used in real-world asset protocols for borrowing, lending, or yield generation on the BNB Chain.
• Self-Custody: Holders can withdraw their tokenized stock to private, compatible wallets, providing full control and ownership of their digital certificates.

How Does SanDisk (bStocks Tokenized Stock) Work?

The asset operates via smart contracts on the BNB Chain that issue BEP-20 tokens representing underlying financial instruments. This process, known as tokenization, creates a digital certificate that tracks the value of the original share.

Eligible users can tokenize their direct stock holdings at a 1:1 ratio with no conversion fees or purchase the tokens using USDT on the Binance spot market. While the conversion itself is fee-free, standard network transaction fees on the BNB Chain apply for all on-chain transfers, and standard spot trading fees apply for transactions conducted on the exchange. The underlying shares are managed by a regulated custodian, ensuring that every token in circulation is fully collateralized.

Team Info and Investors

SanDisk (bStocks Tokenized Stock) is issued by BTech Holdings Limited, an affiliate of the Binance group. The project operates under the regulatory oversight of the ADGM's Financial Services Regulatory Authority (FSRA) in the United Arab Emirates. The underlying equities representing the tokens are purchased and managed through Nest Trading Limited, which serves as the broker-dealer entity for the bStocks ecosystem. No external venture capital rounds or private investors were specified in the available project documentation.

Where can you buy SanDisk (bStocks Tokenized Stock)?

SNDKB tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade SanDisk (bStocks Tokenized Stock) is Binance, where the most active trading pair SNDKB/USDT has a trading volume of $37,639,031.45 in the last 24 hours. Other popular options include LBank and BingX.

What is the daily trading volume of SanDisk (bStocks Tokenized Stock) (SNDKB)?

The trading volume of SanDisk (bStocks Tokenized Stock) (SNDKB) is $49,730,975.34 in the last 24 hours, representing a 540.50% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for SanDisk (bStocks Tokenized Stock) (SNDKB)?

SanDisk (bStocks Tokenized Stock) (SNDKB) reached an all-time high of $2,357.29 and an all-time low of $1,218.24. It’s now trading -48.00% below that peak and 0.50% above its lowest price.

What is the market cap of SanDisk (bStocks Tokenized Stock) (SNDKB)?

Market capitalization of SanDisk (bStocks Tokenized Stock) (SNDKB) is $58,994,022 and is ranked #386 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SNDKB tokens (48 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of SanDisk (bStocks Tokenized Stock) (SNDKB)?

The fully diluted valuation (FDV) of SanDisk (bStocks Tokenized Stock) (SNDKB) is $58,994,022. This is a statistical representation of the maximum market cap, assuming total number of 48 Thousand ETH tokens are in circulation today.

How does the price performance of SanDisk (bStocks Tokenized Stock) compare against its peers?

With a price decline of -14.80% in the last 7 days, SanDisk (bStocks Tokenized Stock) (SNDKB) is underperforming the global cryptocurrency market which is down -3.80%, while underperforming when compared to similar BNB Chain Ecosystem cryptocurrencies which are up 0.00%.

How to add SanDisk (bStocks Tokenized Stock) (SNDKB) to MetaMask?

Adding SanDisk (bStocks Tokenized Stock) (SNDKB) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import SNDKB as a token. You can copy SNDKB’s contract address (0x3ee4df61bd4f867e349beae8bfe07bc31b4850fb) and import it manually, or if you've installed MetaMask's chrome extension, add SNDKB to MetaMask with one click on CoinGecko.

Add SNDKB to MetaMask.