# 股票代币化

为兼顾合规与链上交易的高效率，BBX 独创 "双层代币模型" —— t 代币与 bb 代币。以 NVDA 为例：

<figure><img src="https://907849757-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FRtApM863lajHcGxLNpS3%2Fuploads%2Fj7V2JwjpHXQm5Mh5cYUM%2FBBX%E5%90%88%E8%A7%84%E6%9E%B6%E6%9E%84_%E7%AE%80%E4%B8%AD1.svg?alt=media&#x26;token=cf16c589-14cd-498e-b4c4-a835abdd437e" alt=""><figcaption></figcaption></figure>

**NVDAt — 数字产权证（Security-based Token）**

* 性质：合规确权锚点。
* 功能：NVDAt 是用户拥有真实股票的法律凭证，由持牌机构合规代币发行商发行，1:1 锚定持牌券商隔离账户中的真实股票。它相当于一张 "数字产权证"，确保所有权的法律地位。
* 特点：携带严格的合规信息，NVDAt 本身不直接参与高频交易，以确保其法律地位的稳固。

**NVDAbb — 高速交易工具（Liquidity Utility Token）**

* 性质：流动性效用凭证。
* 功能：当 NVDAt 存入 BBX 的智能合约金库（Vault）后，协议 1:1 生成可自由流通的 NVDAbb。它为高频交易和 DeFi 集成而生，提升证券类资产在链上生态中的互操作性和流动性。
* 特点：NVDAbb 受 BBX "智能门控合约" 的无感合规检查（IP 地理位置、OFAC 名单等），确保交易始终在合规框架内进行，同时不影响用户体验。

#### 合约地址

|       |        |                                                                                                                                                                                                                               |         |                                                                                                                                                                                                                               |          |
| ----- | ------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------- |
| 股票代码  | t代币    | 合约地址                                                                                                                                                                                                                          | bb代币    | 合约地址                                                                                                                                                                                                                          | 网络       |
| AAPL  | AAPLt  | [0xfbabcd2f510bbbf6fbf1c54a2b4b3fbfd7a7f09e](https://www.google.com/url?q=https://arbiscan.io/token/0xfbabcd2f510bbbf6fbf1c54a2b4b3fbfd7a7f09e\&sa=D\&source=editors\&ust=1776685791309694\&usg=AOvVaw1lDlCLKBe1t93QXeSEfHmV) | AAPLbb  | [0xe5e6dbb9259d8459fa4b9548df19ba9ea39a3186](https://www.google.com/url?q=https://arbiscan.io/token/0xe5e6dbb9259d8459fa4b9548df19ba9ea39a3186\&sa=D\&source=editors\&ust=1776685791310052\&usg=AOvVaw18nVQdY1po6JmN7pkw9QCo) | Arbitrum |
| AMZN  | AMZNt  | [0xe5f075e5d031a9360792d1c57bb14ab37d149251](https://www.google.com/url?q=https://arbiscan.io/token/0xe5f075e5d031a9360792d1c57bb14ab37d149251\&sa=D\&source=editors\&ust=1776685791310583\&usg=AOvVaw1UPTmVPFTbKINCmDbWz3H5) | AMZNbb  | [0xa115b0256c6dce0a9b4a007b49100b65f7bc16f3](https://www.google.com/url?q=https://arbiscan.io/token/0xa115b0256c6dce0a9b4a007b49100b65f7bc16f3\&sa=D\&source=editors\&ust=1776685791310920\&usg=AOvVaw2FBmOyGLcFaTO360ExXqjb) | Arbitrum |
| GOOGL | GOOGLt | [0x0fe7b1939ef64ee7413c8334edb02f93974237f3](https://www.google.com/url?q=https://arbiscan.io/token/0x0fe7b1939ef64ee7413c8334edb02f93974237f3\&sa=D\&source=editors\&ust=1776685791311466\&usg=AOvVaw3ZlEOABntfYe0tUCi0ogzC) | GOOGLbb | [0xa40c38c30da848754f2308a2fd37573baf84ca3c](https://www.google.com/url?q=https://arbiscan.io/token/0xa40c38c30da848754f2308a2fd37573baf84ca3c\&sa=D\&source=editors\&ust=1776685791311767\&usg=AOvVaw27ydiZVI2Xha9a2Bs-jBHz) | Arbitrum |
| PLTR  | PLTRt  | [0xfbd7fd27e1a7117f6331595167d89dd9356e3813](https://www.google.com/url?q=https://arbiscan.io/token/0xfbd7fd27e1a7117f6331595167d89dd9356e3813\&sa=D\&source=editors\&ust=1776685791312273\&usg=AOvVaw3P4G-GsOD-8s4y3vf1Wii7) | PLTRbb  | [0x9ac96785d3c325f91b9ff37426f183d34b1e82a5](https://www.google.com/url?q=https://arbiscan.io/token/0x9ac96785d3c325f91b9ff37426f183d34b1e82a5\&sa=D\&source=editors\&ust=1776685791312577\&usg=AOvVaw3NHMZfJClI5w7si_Psh4jr) | Arbitrum |
| CRCL  | CRCLt  | [0x91f065dffab8fa5829368b1c6c8fc86a13b96226](https://www.google.com/url?q=https://arbiscan.io/token/0x91f065dffab8fa5829368b1c6c8fc86a13b96226\&sa=D\&source=editors\&ust=1776685791313086\&usg=AOvVaw31f95NOWXGu3j6EygqDB13) | CRCLbb  | [0x653f56245705aef339768fade62c95da03165ced](https://www.google.com/url?q=https://arbiscan.io/token/0x653f56245705aef339768fade62c95da03165ced\&sa=D\&source=editors\&ust=1776685791313391\&usg=AOvVaw15Fkzh2M-6MWQshaF2tRyJ) | Arbitrum |
| MSTR  | MSTRt  | [0x7526047633fef858dfb740b7fc79a591bb7fe8cf](https://www.google.com/url?q=https://arbiscan.io/token/0x7526047633fef858dfb740b7fc79a591bb7fe8cf\&sa=D\&source=editors\&ust=1776685791313901\&usg=AOvVaw1-p40nv3m0CbvO7JJ_Vdzr) | MSTRbb  | [0xf006a779d429798a1cba0d7544542713a7473342](https://www.google.com/url?q=https://arbiscan.io/token/0xf006a779d429798a1cba0d7544542713a7473342\&sa=D\&source=editors\&ust=1776685791314179\&usg=AOvVaw0BCr358ptZ1U1Sz3-U8AIC) | Arbitrum |
| HOOD  | HOODt  | [0xc4513eb06e86a262be8dbeb152c72c61520c5828](https://www.google.com/url?q=https://arbiscan.io/token/0xc4513eb06e86a262be8dbeb152c72c61520c5828\&sa=D\&source=editors\&ust=1776685791314748\&usg=AOvVaw3Z8hW71BU4zGqxRgDiIp_G) | HOODbb  | [0x8a5a98053562dbefae511b827d400f539b6420a2](https://www.google.com/url?q=https://arbiscan.io/token/0x8a5a98053562dbefae511b827d400f539b6420a2\&sa=D\&source=editors\&ust=1776685791315079\&usg=AOvVaw2K6C35vVmPaHKXAm8WOREl) | Arbitrum |
| TSLA  | TSLAt  | [0x3bFfBF70015733A3A36A118E328bD720c2500F2C](https://www.google.com/url?q=https://arbiscan.io/token/0x3bFfBF70015733A3A36A118E328bD720c2500F2C\&sa=D\&source=editors\&ust=1776685791315591\&usg=AOvVaw2n7Xa7zVqThq5rbZzR0Z29) | TSLAbb  | [0xb5c810224a46894650da0db93b61b9beb4b33d6c](https://www.google.com/url?q=https://arbiscan.io/token/0xb5c810224a46894650da0db93b61b9beb4b33d6c\&sa=D\&source=editors\&ust=1776685791315926\&usg=AOvVaw0VrMVkGaxp9TOwMKGtmkgk) | Arbitrum |
| AMD   | AMDt   | [0x354637c9d2FB6701D7f03007d100fe29D82665Fa](https://www.google.com/url?q=https://arbiscan.io/token/0x354637c9d2FB6701D7f03007d100fe29D82665Fa\&sa=D\&source=editors\&ust=1776685791316524\&usg=AOvVaw0o0Qdfw2VSASr665_kETXT) | AMDbb   | [0x1c2b9e6c8b59292ad3e98b9f0b57a893dc42c743](https://www.google.com/url?q=https://arbiscan.io/token/0x1c2b9e6c8b59292ad3e98b9f0b57a893dc42c743\&sa=D\&source=editors\&ust=1776685791316851\&usg=AOvVaw3nNSKsRLoWdoBgl__ICrHH) | Arbitrum |
| NVDA  | NVDAt  | [0x14a145639f8eC2C30a582Abb68569DbFfE377c28](https://www.google.com/url?q=https://arbiscan.io/token/0x14a145639f8eC2C30a582Abb68569DbFfE377c28\&sa=D\&source=editors\&ust=1776685791317425\&usg=AOvVaw3v-3bWGdsZRQezeZp36nYQ) | NVDAbb  | [0x879292708da2b467cbb6590e207f56bb90d946c0](https://www.google.com/url?q=https://arbiscan.io/token/0x879292708da2b467cbb6590e207f56bb90d946c0\&sa=D\&source=editors\&ust=1776685791317758\&usg=AOvVaw1zOosFeVUIrXgt6iub2uZw) | Arbitrum |

**审计报告：**

[https://d.cobo.com/public/documents/blocksec\_CoboTokenization\_v1.0-signed.pdf](https://www.google.com/url?q=https://d.cobo.com/public/documents/blocksec_CoboTokenization_v1.0-signed.pdf\&sa=D\&source=editors\&ust=1776685791318150\&usg=AOvVaw3X2aZwaH8soxnEkpIcQLoJ)

[https://github.com/CoboGlobal/cobo-tokenization/blob/master/docs/blocksec\_cobotokenization(CoboERC20Wrapper)\_v1.0-signed.pdf](https://www.google.com/url?q=https://github.com/CoboGlobal/cobo-tokenization/blob/master/docs/blocksec_cobotokenization\(CoboERC20Wrapper\)_v1.0-signed.pdf\&sa=D\&source=editors\&ust=1776685791318370\&usg=AOvVaw0bTQFyAl3AljYlMcN_vbGf)

**核心恒等式**

流通的 NVDAbb 总量 = 锁定的 NVDAt 总量 = 托管的真实股票总量

这一恒等式通过智能合约强制执行，可在链上实时公开验证，确保每一份交易凭证背后都有足额的真实资产支撑。


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.bbx.com/zhs/he-xin-ye-wu/gu-piao-dai-bi-hua.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.
