$GEMI / Tokenized Stocks — look at on-chain official data, not the headline.
Token: GEMIon | Underlying stock: GEMI
On-chain price: $5.17 (24h -2.12%)
Number of holding addresses: 109 | US stock market cap: $669,701,076
P/E ratio: - | Dividend yield: -
52-week range: $3.38 - $26.75
Status: overnight
My take: Tokenized stocks wrap real stocks onto the blockchain. As long as the custody certificates are updated in time, the on-chain price’s premium/discount to the underlying should be small—this is exactly what the structure is for. I’ll watch whether the on-chain price keeps up with the stock.
Are you bullish on tokenized stocks, or do you still think it’s just hype?👇
#GEMI
Token: GEMIon | Underlying stock: GEMI
On-chain price: $5.17 (24h -2.12%)
Number of holding addresses: 109 | US stock market cap: $669,701,076
P/E ratio: - | Dividend yield: -
52-week range: $3.38 - $26.75
Status: overnight
My take: Tokenized stocks wrap real stocks onto the blockchain. As long as the custody certificates are updated in time, the on-chain price’s premium/discount to the underlying should be small—this is exactly what the structure is for. I’ll watch whether the on-chain price keeps up with the stock.
Are you bullish on tokenized stocks, or do you still think it’s just hype?👇
#GEMI