Not all tokenized stocks are the same — and most don't give you actual ownership.
$TSLA alone has 5 tokenized versions: registered securities, structured notes, debt certs, and trust interests. All track the same stock, but your legal claim is wildly different.
84% of tokenized stock value = wrappers. You're not holding shares — you're holding a contractual claim tied to the underlying asset.
Some tokens = direct ownership. Most = economic exposure only.
Structure determines everything: redemption rights, dividends, voting power.
Same price action ≠ same ownership. Know what you're actually buying.
$TSLA alone has 5 tokenized versions: registered securities, structured notes, debt certs, and trust interests. All track the same stock, but your legal claim is wildly different.
84% of tokenized stock value = wrappers. You're not holding shares — you're holding a contractual claim tied to the underlying asset.
Some tokens = direct ownership. Most = economic exposure only.
Structure determines everything: redemption rights, dividends, voting power.
Same price action ≠ same ownership. Know what you're actually buying.