$WULF / Tokenized Stocks—check the official on-chain data, not the headline.
Token: WULFon | Underlying stock: WULF
On-chain price: $14.78 (24h -5.96%)
# of holding addresses: 112 | US stock market cap: $7,396,351,911
P/E ratio: - | Dividend yield: 0.00%
52-week range: $10.04 - $29.84
Status: regular
My take: Tokenized stocks wrap real stocks onto the blockchain. As long as the custody certificates are kept up to date, the on-chain price’s premium/discount relative to the underlying should be very small—that’s the point of this structure. I’ll be watching whether the on-chain price keeps up with the stock.
Do you think tokenization of stocks is promising, or do you still think it’s just hype? 👇
#WULF
Token: WULFon | Underlying stock: WULF
On-chain price: $14.78 (24h -5.96%)
# of holding addresses: 112 | US stock market cap: $7,396,351,911
P/E ratio: - | Dividend yield: 0.00%
52-week range: $10.04 - $29.84
Status: regular
My take: Tokenized stocks wrap real stocks onto the blockchain. As long as the custody certificates are kept up to date, the on-chain price’s premium/discount relative to the underlying should be very small—that’s the point of this structure. I’ll be watching whether the on-chain price keeps up with the stock.
Do you think tokenization of stocks is promising, or do you still think it’s just hype? 👇
#WULF