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Tokenized on Robinhood Chain
MOD
Modine Manufacturing Co. There are 18 of these tokens in existence, worth $2.7k between them. It trades.
Price
$149.58
24 hours
-1.91%
Volume, 24h
$5.7k
Tokens in existence
18
7 days
-18.32%
30 days
-18.24%
Range since listing
$148.3 – $898.76
What you would actually own
A token, not a share. It tracks the price of Modine Manufacturing Costock, 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 — 18 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.
