Alibaba Tokenized bStocks(BABAB)
Onchain AUM$8.99m
Onchain AUM by chain
BSC$8.99m
Key Metrics
Active AUM-
DeFi Active TVL$2.25m
PancakeSwap AMM V3$2.17m
BSC$2.17m
Flap sh$28,500
BSC$28,500
Metric V1$28,227
BSC$28,227
Lista Lending$24,086
BSC$24,086
Uniswap V4$2,507
BSC$2,507
Uniswap V3$2,284
BSC$2,284
PancakeSwap Infinity$1,841
BSC$1,841
Krystal Auto-Farm Vault$26
BSC$26
Net Flows 7d
Net Flows 30d
BABAB Price$100.36
Chains1
Onchain AUM$8.99m
Onchain AUM by chain
BSC$8.99m
Key Metrics
Active AUM-
DeFi Active TVL$2.25m
PancakeSwap AMM V3$2.17m
BSC$2.17m
Flap sh$28,500
BSC$28,500
Metric V1$28,227
BSC$28,227
Lista Lending$24,086
BSC$24,086
Uniswap V4$2,507
BSC$2,507
Uniswap V3$2,284
BSC$2,284
PancakeSwap Infinity$1,841
BSC$1,841
Krystal Auto-Farm Vault$26
BSC$26
Net Flows 7d
Net Flows 30d
BABAB Price$100.36
Chains1
Token properties
Classification
RedeemableIndicates whether the token can be redeemed for underlying assets
KYC to Mint or RedeemIndicates whether minting or redeeming the token through the issuer or primary market requires KYC/AML verification (KYC/KYB/onboarding)
TransferableIndicates whether the token can be transferred freely between on chain addresses
Self CustodyIndicates whether the token can be held in a user controlled wallet
CEX ListedIndicates whether the token is listed on a centralized exchange
AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing
Asset information
IssuerBTECH Holdings Limited
ISINAE000A4AVF68
Registry InformationBTECH Holdings Limited is a Binance-group affiliate incorporated in the Abu Dhabi Global Market (ADGM). The Financial Services Regulatory Authority (FSRA) of ADGM approved the admission of Binance bStock Certificates to the ADGM Official List on June 11 2026, the first tokenized-securities admission to that Official List. bStocks are structured as Ledger-Based Securities under FSRA rules, issued 1 to 1 backed by underlying shares held in BTECH segregated custody. Convertibility to real shares is available via Binance-affiliated broker-dealer Nest Trading Limited. Dividends are handled through an on-chain Multiplier rebasing mechanism. Legal advisors: Al Tamimi and Company (issuer counsel), Gibson Dunn (listing advice). Aggregate proof of collateral for the bStocks family is published on the Binance Proof of Collateral dashboard. US persons are excluded.
Oracle
Provider:Binance Proof of Collateral (aggregate bStocks family dashboard); BTECH segregated custody attestation under ADGM FSRA rulesView proof
Attestations
Date of Last Attestation:Continuous (Binance Proof of Collateral dashboard)
Attestation Frequency:Continuous
Reports:
Notes
- BABAB is a tokenized certificate issued by BTECH Holdings Limited (ADGM) that provides economic exposure to Alibaba Group Holding Limited. Each token is backed 1 to 1 by a corresponding share held in a segregated custody account with a regulated custodian under ADGM FSRA Ledger-Based Securities rules. BABAB is admitted to the ADGM Official List of Securities. Convertibility to real shares is available via the Binance-affiliated broker-dealer Nest Trading Limited, and dividend value is delivered through an on-chain Multiplier rebasing mechanism at the bStocks framework level. Aggregate proof of collateral is published on the Binance Proof of Collateral dashboard covering the entire bStocks family. Access is restricted from United States persons.
Chains
BSC
Primary