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Tokenized on Robinhood Chain
APLD
Applied Digital. There are 342 of these tokens in existence, worth $6.8k between them. It is listed but barely trades: under $1.0k changed hands in the last twenty four hours.
Price
$19.98
24 hours
+3.14%
Volume, 24h
$15
Tokens in existence
342
7 days
-13.54%
30 days
-18.26%
Range since listing
$19.08 – $168.01
What you would actually own
A token, not a share. It tracks the price of Applied Digitalstock, 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 — 342 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.
