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Tokenized on Robinhood Chain
SMCI
Super Micro Computer. There are 433 of these tokens in existence, worth $13.7k between them. It trades.
Price
$31.71
24 hours
-8.15%
Volume, 24h
$3.0k
Tokens in existence
433
7 days
-24.95%
30 days
-12.50%
Range since listing
$24.14 – $216.82
What you would actually own
A token, not a share. It tracks the price of Super Micro Computerstock, 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 — 433 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.
