Binance pays Apple dividend to AAPLB holders in more AAPLB

Binance distributed Apple’s dividend to holders of its tokenized Apple exposure, AAPLB, by paying the payout in additional AAPLB rather than cash. The move ties a traditional corporate dividend to a tokenized structure on Binance, with the token representing exposure to Apple within a crypto trading venue. It matters because tokenized equities are increasingly marketed as bridges between crypto and traditional finance, and paying dividends in-kind rather than in fiat or the underlying stock raises questions about liquidity, redemption mechanics and regulatory treatment. Watch next for whether other tokenized-equity issuers follow with in-kind distributions, how AAPLB trades around the payout, and whether regulators clarify how such dividends should be treated for token holders.