ByteDance issues equity incentives for the first time to a specific business unit, opening up "Bean Stock" options to Seed employees this month

According to DeepChain Beating monitoring, insiders revealed that ByteDance is offering discounted stock options linked to its Seed AI division to employees. This is ByteDance's first issuance of equity for a specific business unit. The incentive scheme allows employees to share in the growth of the Seed division without being diluted by the performance of ByteDance's other business lines.

Insiders stated that ByteDance opened up "Beanie Stock" subscriptions to Seed employees worldwide this month, priced at $13 per share. The value of Beanie Stock has risen by nearly 30% since it was granted at around $10 per share at the end of last year.