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Tokenized on Robinhood Chain
RCAT
Red Cat Holdings, Inc.. There are 20,463 of these tokens in existence, worth $96.3k between them. It trades.
Price
$4.71
24 hours
-2.79%
Volume, 24h
$8.1k
Tokens in existence
20,463
7 days
-18.10%
30 days
-34.46%
Range since listing
$4.46 – $113.19
What you would actually own
A token, not a share. It tracks the price of Red Cat Holdings, Inc.stock, 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 — 20,463 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.
