What Is Dell Tokenized bStocks (DELLB)? Complete Guide

Dell Technologies shares plunged about 17 percent in two days in mid-October 2026, according to TradingKey, and the chart of the token tracking them was also under pressure. 

The token is called Dell Tokenized bStocks with the ticker DELLB, a Binance product that makes Dell's share price tradable nonstop on blockchain. So what is DELLB, how does it work, and can this Dell stock token be bought with rupiah? This guide summarizes it.

Key Takeaways

• DELLB is a certificate that tracks one Dell share per token, issued by Binance bStocks on BNB Chain, and is not a direct share.
• As of October 22, 2026, the DELLB price is around USD 477 with a market capitalization of USD 1.08 million.
• The availability of DELLB in Indonesia has not been confirmed, so check the rules and official platforms before buying.

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What Is Dell Tokenized bStocks (DELLB)?

DELLB is a token that tracks the share price of Dell Technologies (DELL). According to Token Terminal, its issuer is Binance bStocks through Btech Holdings Ltd, a company from the United Arab Emirates regulated in ADGM Abu Dhabi and supervised by FSRA. Distribution is through Binance, with Nest Trading Limited and Alpaca Securities LLC as brokers.

Binance launched bStocks in June 2026. According to Yahoo Finance, Dell was included in a wave of 10 new pairs in late July. The Dell token has been on BNB Chain since July 2026, with a launch date of July 29.

To learn about the DELLb tokenized asset, you can prepare an account to trade DELLb on Bittime, an OJK-licensed platform for trading other crypto assets.

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How Does This Dell Stock Token Work?

One token tracks one Dell share. According to CoinMarketCap, this token is backed by equity held by the issuer at a licensed United States broker-dealer. Holders are entitled to convert it 1:1 into shares on Binance.com in accordance with applicable law.

Its status needs to be understood correctly. According to PR Newswire, bStocks are not shares and do not give direct ownership of the company, but rather a certificate representing a financial instrument. This token has no voting rights and a 0 percent annual fee, according to Token Terminal.

Dividends are paid in the form of additional tokens. According to TokenPost, Dell declared a quarterly dividend of USD 0.63 per share, with a DELLB eligibility snapshot on October 20 at 00:00 UTC and stock dividend payment on October 30. 

That figure applies per Dell share, not cash per holder. Binance converts it into DELLB tokens after taxes and fees, and on-chain holders receive them through a multiplier adjustment.

Regional restrictions apply. United States citizens and sanctioned jurisdictions cannot mint or redeem, according to Token Terminal.

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DELLB Price and Latest Market Data

According to CoinMarketCap, the DELLB price on October 22, 2026 was around USD 476.65, down 2.28 percent in 24 hours. Other data:

• Market capitalization and FDV of USD 1.08 million, with a circulating supply of around 2.26 thousand DELLB.
• 24-hour volume of USD 2.46 million, more than twice the market capitalization.
• 106 holders, with a liquidity-to-market-capitalization ratio of 0.00 percent.
• All-time high of USD 597.19 on September 18, 2026 and low of USD 361.66 on July 29, 2026.

The mid-October decline came from its underlying stock. According to CNBC, Dell shares fell 11 percent on October 14 after Barclays downgraded it citing the timing of the company's AI adoption. 

According to TradingKey, the shares fell another 6.8 percent to USD 473.39 on October 15. Dell's quarterly revenue still rose 57.7 percent year over year, according to Trefis.

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How to Buy DELLb Tokenized Stock on Bittime

Bittime is an OJK-licensed Digital Financial Asset Trader (PAKD) platform that provides tokenized stocks. Users can start buying tokenized stocks from Rp10,000, and trading runs 24/7 without waiting for the United States stock market to open. Here are the steps to buy DELLB on Bittime:

1. Register an account through Bittime via its app or official website.
2. Complete identity verification (KYC) according to the instructions in the app.
3. Top up your rupiah balance through the deposit methods available on Bittime.
4. Open the Trade menu, search for DELLB, then select the rupiah pair (DELLB/IDR).
5. Enter the purchase amount, check the displayed price, then confirm the order.

The global reference price for DELLB is recorded in USD, around USD 477 as of October 22, 2026 based on CoinMarketCap data. The rupiah pair on Bittime displays its price in IDR, so purchases do not require manual conversion. 

The price on Bittime may differ slightly from the global price due to exchange rates and liquidity, so recheck before ordering. For comparison, stablecoin exchange rates can be monitored through the USDT to IDR converter.

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Conclusion

DELLB provides exposure to Dell's share price through a token on BNB Chain, complete with dividends in the form of additional tokens. Its status is a certificate, its liquidity is still small, and its availability in Indonesia has not been confirmed. Check the latest price and rules before buying.

Check the price of Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), GRAM, and BNB as well as the leading memecoin DOGE. You can trade directly on Bittime!

Bittime is a Digital Financial Asset Trader (PAKD) platform licensed and supervised by the Financial Services Authority — where you can buy Bitcoin in Indonesia and hundreds of other crypto assets starting from Rp10,000. The registration process is fast, secure, and can be started today.

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FAQ

What is DELLB?
DELLB is a Binance bStocks token that follows the Dell Technologies share price, one token for one share.

Is DELLB the same as Dell shares?
No. DELLB is a certificate without voting rights. Holders are entitled to convert it into shares on Binance.com in accordance with applicable law.

How are DELLB dividends paid?
In the form of additional DELLB tokens, after taxes and fees. On-chain holders receive them through a multiplier adjustment.

Can DELLB be bought with rupiah?
There is no confirmation of a rupiah pair or listing on Bittime. Its price is recorded in USD, so the rupiah estimate is calculated using the exchange rate.