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Tokenized on Robinhood Chain
LULU
Lululemon. There are 3,659 of these tokens in existence, worth $356.3k between them. It trades.
Price
$97.36
24 hours
-2.70%
Volume, 24h
$109.4k
Tokens in existence
3,659
7 days
+3.34%
30 days
-0.75%
Range since listing
$90.62 – $441.27
What you would actually own
A token, not a share. It tracks the price of Lululemonstock, 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 — 3,659 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.
