Penguin Solutions Tokenized bStocks

PENGB is a tokenized bStocks that gives you economic exposure to Penguin Solutions, and the right to convert to the underlying security on the Binance.com platform subject to applicable laws. Each token is fully backed by the corresponding underlying equity maintained by the Issuer at a US-regulated broker-dealer. You get the price movements, dividends, and the right to convert the token at 1:1 to the underlying share — tradeable 24/7.