Binance has paid IBM dividends to holders of its IBMB tokenized equity token, crediting $1.69 per token to users who held the asset in Spot Wallets before the August 10, 2026 snapshot. The payment mirrors IBM's standard quarterly dividend and extends the economic benefit of share ownership to a token that trades around the clock on the exchange. Binance said bStocks are BEP-20 tokens (BNB Chain token standard) backed 1:1 by U.S. shares held through regulated custodians, giving holders price exposure and dividends but not shareholder voting rights. Users who kept IBMB in Spot accounts received direct deposits, while those who had moved tokens to self-custodied wallets received the benefit through a multiplier adjustment that changes the token's value instead of paying cash. Binance launched bStocks in June 2026, now offers other tokenized U.S. equities including AAPLB for Apple shares, and says the platform has surpassed $500 million in assets under management. The payout follows earlier bStock distributions, pointing to a repeatable dividend process, but the structure still leaves token holders with different legal protections from traditional IBM shareholders because the shares are held through a Binance affiliate and custodial arrangement.