$OPRA / Tokenized Stocks——Look at on-chain official data, not the headlines.
Token: OPRAon | Underlying stock: OPRA
On-chain price: $17.98（24h -1.11%）
Number of holding addresses: 28 | US stock market cap: $1,576,900,367
P/E ratio: 13.13 | Dividend yield: -
52-week range: $11.71 - $21.06
Status: postmarket
My take: Tokenized stocks package real stocks onto the blockchain. As long as the custody certificates are updated in a timely manner, the premium/discount of the on-chain price to the underlying should be very small—that’s the purpose of this structure. I’ll watch to see whether the on-chain price keeps up with the stock.
Do you think tokenization of the stock is promising, or is it still just hype?👇
#OPRA
Token: OPRAon | Underlying stock: OPRA
On-chain price: $17.98（24h -1.11%）
Number of holding addresses: 28 | US stock market cap: $1,576,900,367
P/E ratio: 13.13 | Dividend yield: -
52-week range: $11.71 - $21.06
Status: postmarket
My take: Tokenized stocks package real stocks onto the blockchain. As long as the custody certificates are updated in a timely manner, the premium/discount of the on-chain price to the underlying should be very small—that’s the purpose of this structure. I’ll watch to see whether the on-chain price keeps up with the stock.
Do you think tokenization of the stock is promising, or is it still just hype?👇
#OPRA