$F / Tokenized Stocks — look at the official on-chain data, not the headline.
Token: Fon | Underlying stock: F
On-chain price: $12.95（24h -2.31%）
Number of holding addresses: 119 | US stock market cap: $50,266,594,203
P/E ratio: - | Dividend yield: 4.66%
52-week range: $11.11 - $17.78
Status: overnight
My take: Tokenized stocks wrap real stocks onto the chain. As long as custody certificates are issued in a timely manner, the on-chain price’s premium/discount versus the underlying will be very small — that’s exactly the point of this structure. I’ll watch whether the on-chain price keeps up with the stock.
Do you think tokenized stocks are promising, or is it still just hype? 👇
#UncertainODevClarifiesBinanceCharityvsGiggleAcademy #F
Token: Fon | Underlying stock: F
On-chain price: $12.95（24h -2.31%）
Number of holding addresses: 119 | US stock market cap: $50,266,594,203
P/E ratio: - | Dividend yield: 4.66%
52-week range: $11.11 - $17.78
Status: overnight
My take: Tokenized stocks wrap real stocks onto the chain. As long as custody certificates are issued in a timely manner, the on-chain price’s premium/discount versus the underlying will be very small — that’s exactly the point of this structure. I’ll watch whether the on-chain price keeps up with the stock.
Do you think tokenized stocks are promising, or is it still just hype? 👇
#UncertainODevClarifiesBinanceCharityvsGiggleAcademy #F