$ASML / Tokenized Stocks—Look at On-Chain Official Data, Not the Headlines.
Token: ASMLon | Underlying Stock: ASML
On-chain Price: $1,730.41 (24h -0.92%)
Number of Holding Addresses: 766 | US Stock Market Cap: $661,946,417,000
P/E Ratio: 59.77 | Dividend Yield: -
52-Week Range: $935.41 - $1,999.96
Status: overnight
My take: Tokenized stocks package real stocks onto the blockchain. As long as the custody certificates are kept up to date, the on-chain price’s premium/discount versus the underlying will be small—that’s the whole point of this structure. I’ll be watching whether the on-chain price keeps up with the stock.
Do you think tokenized stocks are promising, or is it still just hype?👇
#ASML
Token: ASMLon | Underlying Stock: ASML
On-chain Price: $1,730.41 (24h -0.92%)
Number of Holding Addresses: 766 | US Stock Market Cap: $661,946,417,000
P/E Ratio: 59.77 | Dividend Yield: -
52-Week Range: $935.41 - $1,999.96
Status: overnight
My take: Tokenized stocks package real stocks onto the blockchain. As long as the custody certificates are kept up to date, the on-chain price’s premium/discount versus the underlying will be small—that’s the whole point of this structure. I’ll be watching whether the on-chain price keeps up with the stock.
Do you think tokenized stocks are promising, or is it still just hype?👇
#ASML