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Tokenized on Robinhood Chain
AAOI
Applied Optoelectronics. There are 88 of these tokens in existence, worth $10.0k between them. It is listed but barely trades: under $1.0k changed hands in the last twenty four hours.
Price
$113.66
24 hours
—
Volume, 24h
$401
Tokens in existence
88
7 days
-14.90%
30 days
-8.50%
Range since listing
$84.09 – $155.82
What you would actually own
A token, not a share. It tracks the price of Applied Optoelectronicsstock, and it is a claim arranged by an issuer rather than an entry on the company's share register: no vote, no direct dividend entitlement, and a counterparty between you and the equity. The supply figure above is the honest measure of how large this actually is — 88 tokens is a different order of magnitude from the company's shares outstanding, and conflating the two is the most common mistake made about this market. The longer answer.
