$ASML / Tokenized Stocks——Look at official on-chain data, not the headlines.
Token: ASMLon | Underlying stock: ASML
On-chain price: $1,679.95 (24h +3.04%)
Number of holder addresses: 764 | US stock market cap: $644,602,833,202
P/E ratio: 57.64 | Dividend yield: -
52-week range: $935.41 - $1,999.96
Status: closed (Weekend or Holiday)
My take: Tokenized stocks wrap real stocks onto the blockchain. As long as custody receipts are updated in a timely manner, the on-chain price’s premium/discount versus the underlying stock will be very small—that’s exactly the point of this structure. I’ll be watching whether the on-chain price keeps up with the stock.
Do you think tokenizing stocks is promising, or is it still just hype?👇
#ASML
Token: ASMLon | Underlying stock: ASML
On-chain price: $1,679.95 (24h +3.04%)
Number of holder addresses: 764 | US stock market cap: $644,602,833,202
P/E ratio: 57.64 | Dividend yield: -
52-week range: $935.41 - $1,999.96
Status: closed (Weekend or Holiday)
My take: Tokenized stocks wrap real stocks onto the blockchain. As long as custody receipts are updated in a timely manner, the on-chain price’s premium/discount versus the underlying stock will be very small—that’s exactly the point of this structure. I’ll be watching whether the on-chain price keeps up with the stock.
Do you think tokenizing stocks is promising, or is it still just hype?👇
#ASML