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Tokenized on Robinhood Chain
USO
United States Oil Fund. There are 12,291 of these tokens in existence, worth $2.0m between them. It trades.
Price
$162.46
24 hours
+3.23%
Volume, 24h
$1.6m
Tokens in existence
12,291
7 days
+9.32%
30 days
+3.55%
Range since listing
$108.18 – $163.37
What you would actually own
A token, not a share. It tracks the price of United States Oil Fundstock, 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 — 12,291 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.
