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Tokenized on Robinhood Chain
ON
ON Semiconductor Corporation. There are 20 of these tokens in existence, worth $1.5k between them. It is listed but barely trades: under $1.0k changed hands in the last twenty four hours.
Price
$74.3
24 hours
+0.10%
Volume, 24h
$52
Tokens in existence
20
7 days
-11.00%
30 days
—
Range since listing
$71.86 – $85.14
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 — 20 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.
