Bilibili Tokenized Stock (BILION): What It Is

BILION is named as Bilibili (Ondo Tokenized Stock). It is presented as a blockchain token linked to Bilibili stock, rather than a cryptocurrency issued by Bilibili or a general-purpose network token. Its purpose is to provide onchain exposure associated with that stock. The name alone does not establish what legal rights a holder has, how the token is backed, or whether holders can redeem it for shares or cash. Those details depend on the issuer’s current product terms and should be checked before using the token.

BILION should not be assumed to confer shareholder rights such as voting or direct ownership of shares. A tokenized-stock product can have different eligibility, transfer, custody, and redemption rules from buying a listed share through a broker. It also carries both blockchain-related risks and risks tied to Bilibili’s share price. Treat it as a product with its own terms, not as interchangeable with Bilibili stock or with other tokens that use the BILION symbol.

The stated purpose of BILION is onchain exposure to Bilibili stock. Depending on the product terms and where it is available, holders may be able to acquire or transfer the token using supported crypto infrastructure. The token’s value may be affected by the market price of the referenced stock, but it can also diverge from that price because of trading liquidity, market hours, fees, issuer arrangements, or conditions in crypto markets.

There is no information here confirming additional functions such as governance, staking, or use to pay fees. Do not assume BILION gives access to Bilibili’s video, entertainment, or other services. Before transacting, check the issuer’s documentation for what the token represents, who may hold it, how transfers and redemption work, and what happens if the issuer or a service provider cannot meet its obligations. Availability and legal treatment can vary by country and may be restricted.

As of 2026-11-05, the reported circulating and total supply were both about 16,039 BILION. No maximum supply was reported, so there is no stated cap to compare with the current total. Reported market capitalization was about $233,000, with a fully diluted valuation also about $233,000. These are snapshots, not fixed properties; token prices, supply figures, and market values can change, and figures from different sources may not match.

The reported price was about $14.53 on that date, with roughly $22,130 in 24-hour trading volume. The token’s reported all-time high was $36.35 on 2026-01-28, and its reported all-time low was $12.62 on 2026-11-01. Past highs and lows do not indicate what the price will do next. A relatively small reported volume can also mean trades may move the price, or that it may be difficult to trade at a desired price. These figures are not a valuation of Bilibili itself.

BILION is reported as issued on Ethereum, Solana, and BNB Chain. That means users should confirm which network a specific token or trading venue supports before sending funds. A token with the same name or symbol on another network is not automatically the same asset. Check the issuer’s official contract information and compare it with the details shown by the wallet or platform you intend to use.

For storage, use a wallet compatible with the token’s network and keep control of the recovery phrase or private keys secure and offline. Never share a recovery phrase with someone claiming to offer support. Sending the token to an incompatible address, using the wrong network, or interacting with a counterfeit token can result in permanent loss. If a platform holds BILION for you, that introduces platform custody and access risks as well as the token’s own risks. Confirm that the wallet can display and transfer the correct asset before moving a significant amount.

BILION combines risks from a tokenized financial product with ordinary crypto risks. Its value may be affected by Bilibili’s stock price, but token trading may not follow stock-market hours or match the share price exactly. Liquidity can be limited, and the token may trade at a premium or discount. The product may also depend on an issuer, custodian, or other service providers; the token’s name does not tell you what protections or claims apply if one of them fails.

There are also network, wallet, smart-contract, and counterfeit-token risks. Transfers may be irreversible, and access could be affected by product restrictions or changes to the issuer’s services. Read the current terms and understand whether you are eligible to hold the token, what rights it provides, and whether redemption is available before using it. Tokenized-stock products may be subject to securities and other rules that differ by location. This explainer is general information, not financial or legal advice.