$LI / Tokenized Stocks — Use official on-chain data, not the headline.
Token: LIon | Underlying stock: LI
On-chain price: $11.46 (24h +0.79%)
Number of holding addresses: 366 | US stock market cap: $10,978,389,679
P/E ratio: 99.38 | Dividend yield: -
52-week range: $11.04 - $26.50
Status: premarket
My take: Tokenized stocks wrap real stocks onto the blockchain. As long as custody certificates are updated in time, the on-chain price’s premium/discount relative to the underlying will be 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 tokenization of stocks is promising, or do you still think it’s just hype?👇
#ElonMuskSuperIntelligence #LI
Token: LIon | Underlying stock: LI
On-chain price: $11.46 (24h +0.79%)
Number of holding addresses: 366 | US stock market cap: $10,978,389,679
P/E ratio: 99.38 | Dividend yield: -
52-week range: $11.04 - $26.50
Status: premarket
My take: Tokenized stocks wrap real stocks onto the blockchain. As long as custody certificates are updated in time, the on-chain price’s premium/discount relative to the underlying will be 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 tokenization of stocks is promising, or do you still think it’s just hype?👇
#ElonMuskSuperIntelligence #LI