$SPGI / Tokenized Stocks—look at on-chain official data, not the headline.
Token: SPGIon | Underlying stock: SPGI
On-chain price: $410.85 (24h -1.27%)
Number of holding addresses: 195 | US stock market cap: $114,914,514,000
P/E ratio: 23.51 | Dividend yield: 1.00%
52-week range: $381.61 - $552.25
Status: regular
My take: Tokenized stocks put real stocks onto the blockchain. As long as custody certificates are handled on time, the on-chain price’s premium/discount versus the underlying should be small—that’s the point of this structure. I’ll be watching 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: $410.85 (24h -1.27%)
Number of holding addresses: 195 | US stock market cap: $114,914,514,000
P/E ratio: 23.51 | Dividend yield: 1.00%
52-week range: $381.61 - $552.25
Status: regular
My take: Tokenized stocks put real stocks onto the blockchain. As long as custody certificates are handled on time, the on-chain price’s premium/discount versus the underlying should be small—that’s the point of this structure. I’ll be watching 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