Pond Street Ledger

QCOM

Qualcomm. There are 421 of these tokens in existence, worth $72.7k between them. It trades.

$172.71
tracks the share
-1.89%
$27.2k
421
not shares outstanding
-0.78%
-8.63%
$92.32 – $18,412.35
token price, low to high

This is the contract on Robinhood Chain. Every figure on this page is derived from it and can be checked against it, which is the only reason we are comfortable publishing a page of numbers about somebody else's share price.

0x0f17206447090e464c277571124dd2688e48aea9

What you would actually own

A token, not a share. It tracks the price of Qualcommstock, 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 — 421 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.

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