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Tokenized on Robinhood Chain
MU
Micron Technology. There are 715 of these tokens in existence, worth $636.5k between them. It trades.
Price
$890.78
24 hours
-2.06%
Volume, 24h
$3.0m
Tokens in existence
715
7 days
-13.77%
30 days
-4.24%
Range since listing
$710.47 – $1,112.77
What you would actually own
A token, not a share. It tracks the price of Micron Technologystock, 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 — 715 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.
