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Tokenized on Robinhood Chain
AAPL
Apple. There are 5,184 of these tokens in existence, worth $1.6m between them. It trades.
Price
$309.73
24 hours
-0.48%
Volume, 24h
$885.2k
Tokens in existence
5,184
7 days
-0.10%
30 days
-7.10%
Range since listing
$284.31 – $343.95
What you would actually own
A token, not a share. It tracks the price of Applestock, 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 — 5,184 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.
