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Tokenized on Robinhood Chain
RDDT
Reddit. There are 2,524 of these tokens in existence, worth $407.1k between them. It trades.
Price
$161.31
24 hours
+6.25%
Volume, 24h
$1.7m
Tokens in existence
2,524
7 days
+1.90%
30 days
-17.20%
Range since listing
$134.6 – $393.04
What you would actually own
A token, not a share. It tracks the price of Redditstock, 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 — 2,524 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.
