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Tokenized on Robinhood Chain
JNJ
Johnson & Johnson. There are 907 of these tokens in existence, worth $230.8k between them. It trades.
Price
$254.52
24 hours
+0.15%
Volume, 24h
$9.7k
Tokens in existence
907
7 days
-2.56%
30 days
-4.96%
Range since listing
$158.86 – $5,800.23
What you would actually own
A token, not a share. It tracks the price of Johnson & Johnsonstock, 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 — 907 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.
