$V / Tokenized Stocks — check the official on-chain data, not the headline.
Token: Von | Underlying stock: V
On-chain price: $378.67 (24h +0.35%)
Number of holding addresses: 363 | US market cap: $701,450,900,527
P/E ratio: 39.16 | Dividend yield: 0.71%
52-week range: $293.89 - $385.57
Status: premarket
My take: Tokenized stocks put real stocks onto the blockchain. As long as the custody certificates are updated on time, the premium/discount between the on-chain price and the underlying stock should be very small—this is exactly what this structure is for. I’ll watch whether the on-chain price keeps up with the stock.
Do you think tokenized stocks are promising, or do you still feel it’s just hype?👇
#BinanceChineseTranslationActivity #V
Token: Von | Underlying stock: V
On-chain price: $378.67 (24h +0.35%)
Number of holding addresses: 363 | US market cap: $701,450,900,527
P/E ratio: 39.16 | Dividend yield: 0.71%
52-week range: $293.89 - $385.57
Status: premarket
My take: Tokenized stocks put real stocks onto the blockchain. As long as the custody certificates are updated on time, the premium/discount between the on-chain price and the underlying stock should be very small—this is exactly what this structure is for. I’ll watch whether the on-chain price keeps up with the stock.
Do you think tokenized stocks are promising, or do you still feel it’s just hype?👇
#BinanceChineseTranslationActivity #V