SKHYB, tokenized SK hynix stock, is live on WOOFi
SKHYB brings SK hynix, a leading maker of AI memory, onchain as a bStock on BNB Chain backed by its Nasdaq ADR. Trade it on WOOFi 24/7, from your own wallet.
TL;DR: SKHYB is the tokenized version of SK hynix, one of the world's largest memory chipmakers. It is a bStock on BNB Chain that tracks SK hynix's Nasdaq-listed ADR (ticker SKHY), backed 1:1 and held by regulated custodians, and it is now live on WOOFi. You can swap into it around the clock, straight from your own wallet.
SK hynix makes the memory that powers AI. Until recently, owning it meant a brokerage with access to the Korea Exchange, or a US account once its ADR arrived on Nasdaq, plus waiting for market hours either way. SKHYB brings that exposure onchain as a token you can hold and trade at any hour.
What is SKHYB?
SKHYB is the bStocks tokenized version of SK hynix's American Depositary Receipt (ADR), which trades on the Nasdaq under the ticker SKHY. An ADR is a US-listed certificate that represents shares of a foreign company, so SK hynix can trade in US dollars alongside US stocks.
SK hynix is a South Korean semiconductor company and one of the largest memory makers in the world. It is a key supplier of high-bandwidth memory (HBM), the fast, stacked memory that sits next to AI chips in data centers. That makes it one of the most direct ways to get exposure to AI hardware demand.
Like every bStock, SKHYB is issued by Binance-affiliated entity BTech Holdings Limited under the compliance framework of Abu Dhabi Global Market (ADGM). Each token is backed 1:1 by SK hynix ADRs held by regulated custodians, and a daily Proof of Collateral confirms the backing. SKHYB runs on BNB Chain, so it lives in the same wallet as the rest of your crypto.
New to tokenized stocks? Our explainer What are bStocks? covers how they work in more detail.
SKHYB at a glance
| Token | SKHYB |
| Underlying | SK hynix ADR (Nasdaq: SKHY) |
| Company | SK hynix, South Korean memory chipmaker |
| Issuer | bStocks (BTech Holdings Limited, ADGM) |
| Backing | 1:1 by SK hynix ADRs |
| Network | BNB Chain |
| Contract | 0xCA750eF65f295BBECd685Abf54e82CAf297BDB61 |
Why trade SKHYB on WOOFi?
Zero WOOFi fees
WOOFi's application does not add a fee on top of your trade. It routes directly to onchain liquidity to find the best price.
Self-custody, start to finish
SKHYB sits in your own wallet. No brokerage, no international trading permissions, no transfer paperwork.
Markets that never close
SK hynix's home market is in Seoul and its ADR trades in New York, so news can land at any hour. With SKHYB you can react at 3am on a Sunday exactly as you would at 10am on a Tuesday, and settlement takes seconds.
AI hardware exposure in one swap
SKHYB sits alongside other bStocks on WOOFi, including NVIDIA (NVDAB), Tesla (TSLAB), and SpaceX (SPCXB). Together, NVDAB and SKHYB give you both the AI chip designer and one of its memory suppliers from the same wallet.
How to buy SKHYB
- Connect your crypto wallet at woofi.com/stocks.
- Make sure you have a small amount of BNB for gas on BNB Chain, and a suitable asset like USDT or BNB to swap it into.
- Search for SKHYB, enter an amount, and swap.
That is it. The token lands in your wallet as soon as the transaction confirms.
FAQ
What is SKHYB backed by?
SKHYB is backed 1:1 by SK hynix ADRs listed on the Nasdaq under the ticker SKHY, held by regulated custodians. A daily Proof of Collateral confirms the backing.
What is the difference between SKHY and SKHYB?
SKHY is SK hynix's ADR, traded on the Nasdaq through a brokerage during US market hours. SKHYB is a token backed by SKHY that you hold in your own wallet and trade onchain at any time.
What is the difference between SKHYB and SKHYX?
They are tokenized versions of SK hynix from two different issuers. SKHYB is issued by bStocks on BNB Chain, while SKHYX comes from xStocks. WOOFi supports SKHYB.
Why is SK hynix important for AI?
SK hynix is a leading maker of high-bandwidth memory (HBM), the memory that AI accelerators rely on to move data fast enough for training and running large models.
Which network is SKHYB on?
BNB Chain. You need a wallet connected to BNB Chain, a little BNB for gas, and an asset like USDT or BNB to swap into SKHYB on WOOFi.
More listings are coming
SKHYB joins a fast-growing lineup of tokenized stocks on WOOFi, with more on the way. Keep an eye on woofi.com for new stocks, ETFs, and the next step for WOOFi Earn.
Trade SKHYB now at https://woofi.com/stocks
Sources: SKHYB contract from CoinGecko. WOOFi's listed tokens read from its published swap support endpoint. SK hynix ADR and tokenized versions from Financial News. Backing and the multiplier from BNB Chain's bStocks introduction.