What is SharonAI Tokenized bStocks (SHAZB)?

Quick Facts

• Token symbol: SHAZB
• Underlying asset: SharonAI Holdings, Inc. (SHAZ) equity
• Blockchain: BNB Smart Chain (BSC)
• Backing ratio: 1:1 with real shares in regulated custody
• Issuer: BTECH Holdings Ltd, a Binance group affiliate
• Regulatory framework: FSRA-approved (Abu Dhabi Global Market)
• Trading: 24/7 on Binance Spot Market

Introduction

SharonAI Tokenized bStocks (SHAZB) is a tokenized security that gives holders on-chain economic exposure to SharonAI Holdings, Inc. (SHAZ), a publicly listed AI company. It is part of the broader bStocks program — a tokenized equity platform built on BNB Smart Chain by BTECH Holdings Ltd, a Binance group affiliate.

SHAZB allows eligible non-US users to gain exposure to SHAZ stock through a crypto-native interface, trading around the clock without the friction of traditional brokerage.

History & Background

The bStocks platform was introduced in 2026 as part of Binance's push to build a multi-asset financial super-app. After launching zero-commission US equity trading for eligible non-US users, Binance added a tokenization layer on BNB Smart Chain — called bStocks — to allow users to convert their stock holdings into on-chain tokens.

SHAZB was later added to the expanding list of bStocks tokens, alongside other tokenized US equities. It was subsequently listed for spot trading and approved as eligible margin collateral on Binance.

How SharonAI Tokenized bStocks Works

Every SHAZB token is minted 1:1 against a real SharonAI Holdings share held by a regulated broker-custodian through an SPV (Special Purpose Vehicle). The SPV purchases and ring-fences the underlying shares, reconciling holdings against total token supply daily via an on-chain Proof of Collateral mechanism.

Smart contracts on BNB Smart Chain handle the minting process. Users can convert between SHAZB and the underlying share at a 1:1 ratio with zero fees, and can withdraw tokens to any BSC-compatible wallet for full self-custody.

Corporate actions such as stock splits and dividends are handled automatically. Dividends are reinvested on-chain, and token balances are adjusted via a built-in rebase mechanism — no manual airdrops required.

Tokenomics

SHAZB tokens are minted on demand when a user converts an underlying SharonAI share into a token, and burned when they convert back. This elastic supply model ensures the token supply always reflects the actual number of tokenized shares in custody.

There are no management fees, custody fees, or conversion fees. The token's value tracks the underlying SharonAI Holdings stock price, making its economic design straightforward and tightly coupled to traditional equity markets.

Ecosystem & Use Cases

• 24/7 trading: SHAZB trades on Binance Spot Market at any time, including weekends and after-hours.
• Margin collateral: Eligible users can use SHAZB as collateral for leveraged trading on Binance.
• Self-custody: Tokens can be held in any BSC-compatible wallet.
• DeFi integration: As a BNB Smart Chain token, SHAZB can interact with the broader BSC DeFi ecosystem.

Team, Governance & Community

SHAZB is issued and managed by BTECH Holdings Ltd, a Binance group affiliate registered in the Abu Dhabi Global Market (ADGM). The token operates under a regulated framework with an FSRA-approved prospectus. Governance decisions — including which stocks to tokenize and operational parameters — rest with BTECH Holdings Ltd and Binance, rather than a decentralized community.

Advantages

• Fully backed: Every token is backed 1:1 by a real share held in regulated custody.
• 24/7 accessibility: Trade SharonAI equity exposure at any time, unlike traditional stock markets.
• Zero fees: No commission, custody, management, or conversion fees.
• Automatic corporate actions: Dividends and splits handled on-chain without user intervention.
• Regulated issuer: Issued under an FSRA-approved framework, providing institutional-grade oversight.
• Self-custody: Withdraw tokens to a personal BSC wallet for full asset control.

Risks & Challenges

• Not direct equity ownership: bStocks do not confer direct share ownership or voting rights in SharonAI Holdings.
• Regulatory risk: The token is available only to eligible non-US users; access may change with evolving regulations.
• Counterparty risk: Users depend on BTECH Holdings Ltd and its custodian to maintain proper backing.
• Market volatility: Price tracks the underlying stock, which can experience significant swings.
• Liquidity risk: Tokenized market cap is smaller than the underlying stock, which may affect on-chain liquidity.

Long-Term Vision

bStocks represents a broader ambition to merge traditional equity markets with blockchain infrastructure. By tokenizing publicly listed stocks like SharonAI Holdings, the platform aims to democratize access to US equities for global investors who previously faced barriers through conventional brokerage channels. As the tokenized real-world asset sector matures, SHAZB and its peers are positioned to become a standard bridge between on-chain finance and traditional capital markets.