#SKHYB

SK Hynix (bStocks Tokenized Stock)

SKHYB is a BEP-20 tokenized security launched in July 2026 on the BNB Smart Chain, providing non-U.S. users with on-chain economic exposure to SK hynix Inc. shares. Issued by BTech Holdings Limited under the Abu Dhabi Global Market (ADGM) framework, the instrument functions as a 1:1-backed certificate rather than a crypto-native asset. By leveraging Binance’s trading infrastructure and the BNB Chain, the product aims to reduce friction in cross-border equity access, settlement, and DeFi composability. While the token allows for self-custody and integration into lending protocols like Venus, market data from late July 2026 indicates that adoption remains largely exchange-centric with low six-figure TVL. The project highlights a shift toward regulated, collateral-linked RWA instruments that prioritize institutional custody and regulatory compliance over decentralized governance. This development matters for the RWA market as it demonstrates how major exchanges are reframing tokenized equities as portable, regulated certificates to capture demand for AI-linked semiconductor exposure. Ultimately, SKHYB serves as a case study in the integration of traditional equity market structures with blockchain-based distribution networks.

yellow.com·2h ago