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Tokenized on Robinhood Chain
TSM
Taiwan Semiconductor Manufacturing. There are 3,124 of these tokens in existence, worth $1.3m between them. It trades.
Price
$412.84
24 hours
-2.20%
Volume, 24h
$894.8k
Tokens in existence
3,124
7 days
-8.72%
30 days
-1.33%
Range since listing
$369.37 – $537
What you would actually own
A token, not a share. It tracks the price of Taiwan Semiconductor Manufacturingstock, 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 — 3,124 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.
