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Tokenized on Robinhood Chain
AMZN
Amazon. There are 12,964 of these tokens in existence, worth $3.2m between them. It trades.
Price
$248.44
24 hours
-1.92%
Volume, 24h
$1.7m
Tokens in existence
12,964
7 days
-4.48%
30 days
+0.51%
Range since listing
$224.73 – $286.68
What you would actually own
A token, not a share. It tracks the price of Amazonstock, 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 — 12,964 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.
