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Tokenized on Robinhood Chain
QQQ
Invesco QQQ. There are 7,298 of these tokens in existence, worth $5.2m between them. It trades.
Price
$710.02
24 hours
-2.29%
Volume, 24h
$1.8m
Tokens in existence
7,298
7 days
-5.56%
30 days
+0.02%
Range since listing
$657.78 – $763.19
What you would actually own
A token, not a share. It tracks the price of Invesco QQQstock, 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 — 7,298 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.
