$F / Tokenized stocks — look at official on-chain data, not the headlines.
Token: Fon | Underlying stock: F
On-chain price: $13.54 (24h +0.11%)
Number of holding addresses: 119 | US stock market value: $52,758,079,864
P/E ratio: — | Dividend yield: 4.56%
52-week range: $11.11 - $17.78
Status: regular
My take: Tokenized stocks wrap real shares onto the blockchain. As long as the custody certificates are timely, the on-chain price’s premium/discount versus the underlying should be very small—this is exactly what the structure is for. I’ll watch whether the on-chain price keeps up with the stock.
Do you think tokenizing stocks is promising, or just hype? 👇
#ViralCatChatFishMarket #F
Token: Fon | Underlying stock: F
On-chain price: $13.54 (24h +0.11%)
Number of holding addresses: 119 | US stock market value: $52,758,079,864
P/E ratio: — | Dividend yield: 4.56%
52-week range: $11.11 - $17.78
Status: regular
My take: Tokenized stocks wrap real shares onto the blockchain. As long as the custody certificates are timely, the on-chain price’s premium/discount versus the underlying should be very small—this is exactly what the structure is for. I’ll watch whether the on-chain price keeps up with the stock.
Do you think tokenizing stocks is promising, or just hype? 👇
#ViralCatChatFishMarket #F