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Tokenized on Robinhood Chain
ON
ON Semiconductor Corporation. There are 520 of these tokens in existence, worth $37.5k between them. It trades.
Price
$72.1
24 hours
-2.84%
Volume, 24h
$2.6k
Tokens in existence
520
7 days
-5.17%
30 days
-0.38%
Range since listing
$37.09 – $342.04
What you would actually own
A token, not a share. It tracks the price of ON Semiconductor 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 — 520 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.
