Tokenized on Robinhood Chain

BABA

Alibaba. There are 15,174 of these tokens in existence, worth $1.7m between them. It trades.

Price

$109.31

tracks the share

24 hours

-0.90%

Volume, 24h

$1.2m

Tokens in existence

15,174

not shares outstanding

7 days

-1.42%

30 days

+1.21%

Range since listing

$105.08 – $217.19

token price, low to high

The token itself

This is the contract on Robinhood Chain. Every figure on this page is derived from it and can be checked against it, which is the only reason we are comfortable publishing a page of numbers about somebody else's share price.

0xad25ac6c84d497db898fa1e8387bf6af3532a1c4

What you would actually own

A token, not a share. It tracks the price of Alibabastock, 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 — 15,174 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.