DeFi· ★★★· neutral·

OpenStocks' BNB Chain tokens offer price exposure, not private shares

  • —OpenStocks terms give token holders no claim on underlying shares
  • —Equity exposure is delivered via SPVs or derivatives
  • —The tokens are issued on BNB Chain
Why it matters: The structure highlights how tokenized equities can sidestep ownership rights, a key risk for regulators and investors.
Source: The Defiant