# Binance Lists AppLovin-Linked APPB bStock Separate From Futures By John Kim Canonical URL: https://www.tokenpost.com/news/business/52344 Published: 2026-11-09T13:59:45.000Z Updated: 2026-11-09T13:59:45.000Z Section: Business > APPB does not provide direct ownership of AppLovin shares and is unavailable to U.S. persons. AppLovin’s third-quarter revenue rose 55%. Binance, a cryptocurrency exchange, listed an AppLovin Corporation-linked bStock on Oct. 28, adding a product distinct from its earlier futures contract and the company’s shares; U.S. persons cannot access the bStock. Trading in APPB/USDT began at 8 a.m. ET (12:00 UTC). The bStock carries the identifier APPB, while AppLovin’s Class A shares trade under APP. Holding APPB does not give a buyer direct ownership of an AppLovin share. The product is unavailable in the United States and to U.S. persons elsewhere. Binance’s separate APPUSDT perpetual futures contract tracks AppLovin’s Class A shares and settles in Tether (USDT). Binance announced a planned July 10 start at 4:45 a.m. ET (08:45 UTC). Its stated terms allow trading around the clock and set maximum leverage at 25x. Those terms apply to the futures contract, not to APPB or AppLovin shares. The three identifiers describe different instruments: APP is the stock ticker, APPUSDT identifies the futures contract, and APPB identifies the bStock. A reading for one does not establish the price or trading activity of another. AppLovin’s [third-quarter results]() showed revenue of $2.18 billion for the period ended Sept. 30, up 55% from $1.41 billion a year earlier. Net income rose 72% to $1.44 billion from $835.5 million, and diluted earnings per share were $4.30. The company’s shares rose during U.S. trading on Nov. 5, after it released the results on Nov. 4. For the fourth quarter, AppLovin forecast revenue of $2.365 billion to $2.395 billion and adjusted EBITDA of $1.995 billion to $2.025 billion. ## Links in this article - [third-quarter results](https://www.tokenpost.com/news/business/49570)