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Tokenized on Robinhood Chain
RIVN
Rivian Automotive. There are 997 of these tokens in existence, worth $17.2k between them. It is listed but barely trades: under $1.0k changed hands in the last twenty four hours.
Price
$17.24
24 hours
+3.23%
Volume, 24h
$955
Tokens in existence
997
7 days
+16.90%
30 days
+7.50%
Range since listing
$14.04 – $36.08
What you would actually own
A token, not a share. It tracks the price of Rivian Automotivestock, 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 — 997 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.
