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Tokenized on Robinhood Chain
LRCX
Lam Research Corporation. There are 27 of these tokens in existence, worth $7.3k between them. It is listed but barely trades: under $1.0k changed hands in the last twenty four hours.
Price
$272.2
24 hours
-3.17%
Volume, 24h
$307
Tokens in existence
27
7 days
-13.42%
30 days
+1.13%
Range since listing
$263.8 – $2,174.92
What you would actually own
A token, not a share. It tracks the price of Lam Research Corporationstock, 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 — 27 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.
