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Tokenized on Robinhood Chain
AMAT
Applied Materials. There are 227 of these tokens in existence, worth $98.1k between them. It is listed but barely trades: under $1.0k changed hands in the last twenty four hours.
Price
$432.19
24 hours
-0.17%
Volume, 24h
$65
Tokens in existence
227
7 days
-16.24%
30 days
+2.68%
Range since listing
$232.78 – $7,900.87
What you would actually own
A token, not a share. It tracks the price of Applied Materialsstock, 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 — 227 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.
