$LI / Tokenized stock——look at the official on-chain data, not the headlines.
Token: LIon | Underlying stock: LI
On-chain price: $11.37 (24h -2.77%)
Number of holding addresses: 360 | US stock market cap: $11,448,818,338
P/E ratio: 99.38 | Dividend yield: -
52-week range: $11.10 - $26.50
Status: premarket
My take: Tokenized stocks package real stocks onto the blockchain. As long as the custody certificates are timely, the on-chain price’s premium/discount to the underlying should be very small—that’s the purpose of this structure. I’ll be watching whether the on-chain price keeps up with the stock.
Do you think tokenized stocks are a good bet, or is it just hype?👇
#LI
Token: LIon | Underlying stock: LI
On-chain price: $11.37 (24h -2.77%)
Number of holding addresses: 360 | US stock market cap: $11,448,818,338
P/E ratio: 99.38 | Dividend yield: -
52-week range: $11.10 - $26.50
Status: premarket
My take: Tokenized stocks package real stocks onto the blockchain. As long as the custody certificates are timely, the on-chain price’s premium/discount to the underlying should be very small—that’s the purpose of this structure. I’ll be watching whether the on-chain price keeps up with the stock.
Do you think tokenized stocks are a good bet, or is it just hype?👇
#LI