Binance to Distribute Corning and Goldman Sachs Dividends via bStocks

Tokenized Securities to Distribute Dividends via Multiplier Adjustment

BTech Holdings Limited, an affiliate of the Binance group, has announced that its tokenized securities, known as bStocks, will distribute dividends to holders of GLWB and GSB tokens. These bStocks are classified as certificates representing underlying financial instruments, rather than direct ownership of shares in the listed companies.

Dividend Eligibility and Distribution

On-chain holders of GLWB tokens will be eligible for dividend distribution based on a snapshot taken on August 31, 2026, at 00:00 UTC. Similarly, GSB token holders will be eligible based on a snapshot on September 1, 2026, at 00:00 UTC. The dividends will be applied through a multiplier adjustment to their holdings. Trading of GSB/USDT and GLWB/USDT pairs will not be impacted by this process.

Service Suspensions for GLWB and GSB

To facilitate the dividend distribution, several services will be temporarily suspended. For GLWB:

• The token conversion service for 1:1 swaps between GLW stock and GLWB bStocks will be suspended at 23:30 UTC on August 28, 2026.
• Deposits and withdrawals of GLWB tokens will be suspended at 23:30 UTC on August 30, 2026. Users are advised to ensure sufficient time for their GLWB token deposits to be fully processed before this deadline.

For GSB:

• The token conversion service for 1:1 swaps between GS stock and GSB bStocks will be suspended at 23:30 UTC on August 31, 2026.
• Deposits and withdrawals of GSB will also be suspended at 23:30 UTC on August 31, 2026. Users should ensure their GSB deposits are fully processed prior to this time.

Deposits, withdrawals, and the token conversion service for both GSB and GLWB will resume once the dividend distribution is complete. No further announcements will be made regarding the resumption of services. Users can opt to subscribe to recovery notifications where available.

Dividends earned from assets held in accounts other than the Spot Account, such as Savings or Margin Accounts, will be credited to the Spot Account. Binance will manage all technical aspects of this event for affected users. Dividends, after the deduction of withholding tax, will be reinvested and distributed.

Additional Information

Users can refer to announcements from Corning Incorporated and Goldman Sachs Group for dividend history details. Further information regarding bStocks dividend distribution can be found in the FAQ section.

Binance Convert will pause the conversion of GLWB and its associated pairs at 23:30 UTC on August 30, 2026. Similarly, the conversion of GSB and its associated pairs will be paused at 23:30 UTC on August 31, 2026.

Binance reserves the right to amend or cancel this announcement at any time without prior notice. The information provided regarding tokenized securities is not intended as an offer or solicitation to buy or sell securities. Tokenized securities are not offered, sold, or made available in the United States or to U.S. persons. They have not been registered under U.S. securities laws, and a public offering will not be conducted in the United States or other jurisdictions, except for the ADGM. Users accessing this product represent and warrant that they are not U.S. persons and will not transact in tokenized securities from within the United States.