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Tokenized on Robinhood Chain
SNDK
Sandisk Corporation. There are 1,058 of these tokens in existence, worth $1.4m between them. It trades.
Price
$1,315.48
24 hours
-2.70%
Volume, 24h
$315.6k
Tokens in existence
1,058
7 days
-17.75%
30 days
-14.18%
Range since listing
$980.8 – $1,972.29
What you would actually own
A token, not a share. It tracks the price of Sandisk Corporationstock, 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 — 1,058 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.
