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Tokenized on Robinhood Chain
SNOW
Snowflake Inc.. There are 318 of these tokens in existence, worth $96.7k between them. It trades.
Price
$304.52
24 hours
-7.83%
Volume, 24h
$12.3k
Tokens in existence
318
7 days
-16.61%
30 days
-8.96%
Range since listing
$293.79 – $1,195.26
What you would actually own
A token, not a share. It tracks the price of Snowflake Inc.stock, 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 — 318 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.
