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Tokenized on Robinhood Chain
USO
United States Oil Fund. There are 9,177 of these tokens in existence, worth $1.2m between them. It trades.
Price
$125.86
24 hours
-4.87%
Volume, 24h
$1.3m
Tokens in existence
9,177
7 days
-3.90%
30 days
-0.90%
Range since listing
$108.18 – $147.47
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 — 9,177 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.
