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Tokenized on Robinhood Chain
UMC
United Microelectronics. There are 193 of these tokens in existence, worth $4.1k between them. It is listed but barely trades: under $1.0k changed hands in the last twenty four hours.
Price
$21.09
24 hours
+1.25%
Volume, 24h
$42
Tokens in existence
193
7 days
-10.00%
30 days
-2.56%
Range since listing
$17.33 – $188.68
What you would actually own
A token, not a share. It tracks the price of United Microelectronicsstock, 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 — 193 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.
