$U has become the settlement asset for the first Binance Wallet Pre-Access subscription

Odaily reports that $U has become the settlement asset for the first Binance Wallet Pre-Access event, allowing users to subscribe to pPOLY using $U. The page shows that currently 1 USD is approximately equal to 1.000534 U.

The first Pre-Access project pPOLY is issued by Paimon Finance and hosted by PancakeSwap, aiming to provide tokenized indirect exposure to potential pre-IPO companies in the prediction market sector. The subscription price of pPOLY is approximately $15.5, with a total issuance size of approximately $4.8 million, deployed on BNB Smart Chain.

This subscription lasts approximately 72 hours, with claiming, refunds for unallocated amounts, and trading expected to begin on September 24. Allocation depends on Alpha points tiers and bStocks on-chain activity. This product is a third-party tokenized exposure, does not constitute equity, and does not guarantee a listing.