$MSFT / Tokenized stocks——look at the official on-chain data, not the headlines.
Token: MSFTon | Underlying stock: MSFT
On-chain price: $510.86（24h -0.00%）
Number of holding addresses: 19510 | US stock market cap: $3,778,799,344,557
P/E ratio: 28.27 | Dividend yield: 0.70%
52-week range: $349.20 - $553.72
Status: premarket
My take: Tokenized stocks package real shares onto the blockchain. As long as custody warrants are updated in a timely manner, the on-chain price’s premium/discount versus the underlying will be very small—that’s exactly the purpose of this structure. I’ll be watching whether the on-chain price keeps up with the stock.
Are you optimistic about tokenized stocks, or do you still think it’s just hype?👇
#MSFT
Token: MSFTon | Underlying stock: MSFT
On-chain price: $510.86（24h -0.00%）
Number of holding addresses: 19510 | US stock market cap: $3,778,799,344,557
P/E ratio: 28.27 | Dividend yield: 0.70%
52-week range: $349.20 - $553.72
Status: premarket
My take: Tokenized stocks package real shares onto the blockchain. As long as custody warrants are updated in a timely manner, the on-chain price’s premium/discount versus the underlying will be very small—that’s exactly the purpose of this structure. I’ll be watching whether the on-chain price keeps up with the stock.
Are you optimistic about tokenized stocks, or do you still think it’s just hype?👇
#MSFT