$SPGI / Tokenized Stocks — check the official on-chain data, not the headline.
Token: SPGIon | Underlying stock: SPGI
On-chain price: $417.89 (24h +1.31%)
Number of holding addresses: 195 | US market cap: $116,870,512,000
P/E ratio: 23.71 | Dividend yield: 0.99%
52-week range: $381.61 - $552.25
Status: regular
My take: Tokenized stocks put real stocks onto the blockchain. As long as the custody credentials are timely, the on-chain price’s premium/discount versus the underlying will be very small—that’s exactly the purpose 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 is it still just hype? 👇
#SPGI
Token: SPGIon | Underlying stock: SPGI
On-chain price: $417.89 (24h +1.31%)
Number of holding addresses: 195 | US market cap: $116,870,512,000
P/E ratio: 23.71 | Dividend yield: 0.99%
52-week range: $381.61 - $552.25
Status: regular
My take: Tokenized stocks put real stocks onto the blockchain. As long as the custody credentials are timely, the on-chain price’s premium/discount versus the underlying will be very small—that’s exactly the purpose 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 is it still just hype? 👇
#SPGI