Binance will support cash dividend distributions for MRVL and ORCL via its bStocks platform.

According to an official announcement, Binance will support cash dividend distributions for Marvell Technology (MRVL) and Oracle Corporation (ORCL) via its bStocks product. Eligible holders of MRVLB and ORCLB will receive dividends in the form of corresponding MRVLB and ORCLB bStocks. After applicable withholding taxes, fees, costs, and other relevant deductions, the net cash dividend will be reinvested to purchase additional or fractional units of the underlying securities. For users holding MRVLB and ORCLB on-chain, dividends will be distributed via multiplier adjustments. The record date snapshot, taken at 00:00 UTC on October 9, 2026, will determine eligible users holding MRVLB or ORCLB to receive the respective dividends. Normal trading of MRVLB/USDT and ORCLB/USDT pairs will remain unaffected by this dividend arrangement. Additionally, Binance will suspend the 1:1 token conversion service between MRVL stock and MRVLB bStocks, as well as between ORCL stock and ORCLB bStocks, at 23:30 UTC on October 8, 2026. It will also suspend deposits and withdrawals for MRVLB and ORCLB. Users are advised to allow sufficient time to ensure their relevant deposits are processed before the suspension takes effect. Binance Convert will also halt conversions for MRVLB, ORCLB, and all related trading pairs at 23:30 UTC on October 8, 2026. Furthermore, dividends from related assets held in other accounts (including savings accounts, margin accounts, etc.) will be credited to spot accounts. Binance will handle all technical processes for this dividend distribution, with dividend reinvestment and distribution conducted after withholding taxes are deducted.