Binance to Distribute Nokia Cash Dividend via bStocks

Binance to Adjust Tokenized Stock Dividends for NOKB Holders

Binance, a leading cryptocurrency exchange, has announced upcoming adjustments to dividend distributions for holders of NOKB, a tokenized security. bStocks, issued by BTech Holdings Limited, a Binance group affiliate, represent an interest in underlying securities held by the issuer rather than direct ownership.

Dividend Distribution Mechanism

On-chain holders of NOKB will receive dividend payouts through a multiplier adjustment. Eligibility for this dividend distribution is determined by holdings recorded in a snapshot taken on July 28, 2026, at 00:00 UTC.

Service Suspensions and Resumption

To facilitate the dividend distribution, several services will be temporarily suspended. The Token Conversion service for 1:1 swaps between NOK stock and NOKB bStocks will cease at 23:45 UTC on July 27, 2026. Concurrently, deposits and withdrawals of NOKB tokens will also be suspended. Users are advised to ensure sufficient time for any pending NOKB token deposits to be fully processed before this deadline.

Binance Convert will also pause the conversion of NOKB and all associated trading pairs at 23:45 UTC on July 27, 2026.

Deposits, withdrawals, and the Token Conversion service for NOKB are scheduled to resume once the dividend distribution is completed. No further announcements will be made regarding the resumption of these services. Users may opt to subscribe to recovery notifications where available.

Dividends earned from assets held in accounts other than the Spot account, including but not limited to Savings and Margin accounts, will be credited to the user’s Spot account.

Technical Handling and Tax Implications

Binance will manage all technical aspects related to this dividend distribution event for affected users. Dividend reinvestment and distributions will be processed after the deduction of applicable withholding taxes.

Users seeking more detailed information are encouraged to consult the official announcement from the issuing company and the dedicated FAQ section on bStocks dividend distribution.

Binance reserves the right to amend or cancel this announcement at its sole discretion, without prior notice.

It is important to note that information regarding tokenized securities is not intended as an offer, solicitation, promotion, recommendation, or invitation to buy or sell securities. Tokenized securities are not offered, sold, distributed, made available, or accessible in the United States or to U.S. persons. These securities have not been registered under U.S. securities laws, and no public offering will be conducted in the United States or other jurisdictions, with the exception of the ADGM. By accessing these products, users affirm they are not a U.S. person, are not located in the United States, are not acting for the benefit of a U.S. person, and will not engage in any transactions involving tokenized securities from within the United States.