Micron Technology (bStocks Tokenized Stock)

MUB is a tokenized representation of Micron Technology common stock, issued on the BNB Chain as part of the bStocks ecosystem. It is designed for people who want exposure to a publicly traded semiconductor company through a blockchain-based token rather than a traditional brokerage account. The product claims to address barriers to accessing US equity markets for users who prefer on-chain instruments.

Each MUB token is intended to track the price of one share of Micron Technology stock, with the underlying equity held in custody by the issuer to back the token. The token lives on BNB Chain, which uses its own consensus mechanism entirely separate from MUB itself — MUB has no independent consensus algorithm or block time. Token holders interact with the asset through BNB Chain wallets and decentralized or centralized exchanges that support the token.

The data stored for this asset contains no fee stream, revenue figures, or protocol income metrics. That means fee-based measures such as fee yield or revenue multiples are not calculable from the information available here. The circulating supply stands at 61,886.60 tokens point-in-time, representing 99.98 percent of issued supply, and the fully diluted value is only marginally above the market capitalization of 56,399,163 USD, as reflected in the fdv-to-mcap ratio of 1.000578 point-in-time.