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bStocks · BTech Holdings（Binance 集团）
BEP-20 tokenized securities on BNB Chain by BTech Holdings (ADGM SPV), under an ADGM FSRA-approved prospectus, backed 1:1 with daily Proof of Collateral.; Corporate actions (dividends/splits) handled by the issuer and reflected in the display multiplier; official terms prevail.
xStocks · Backed Finance AG（瑞士）
Tracker certificate under the Swiss DLT Act, backed 1:1 by real shares.; Dividends are credited by increasing holder balances (rebase-style); token price keeps tracking the share.
Ondo Global Markets
Ondo Global Markets tokenized-security structure (see docs.ondo.finance).; Dividends reinvested into the token (value-accruing); official Shares Multiplier is published.