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Tokenized on Robinhood Chain
SMCI
Super Micro Computer. There are 217 of these tokens in existence, worth $8.3k between them. It trades.
Price
$38.41
24 hours
+6.30%
Volume, 24h
$1.3k
Tokens in existence
217
7 days
+4.30%
30 days
+24.10%
Range since listing
$24.14 – $41.63
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 — 217 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.
