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$LI / Tokenized Stocks — look at the official on-chain data, not the headlines.
Token: LIon | Underlying stock: LI
On-chain price: $11.52 (24h -2.35%)
Number of holding addresses: 357 | US stock market cap: $11,255,270,106
P/E ratio: 99.38 | Dividend yield: -
52-week range: $11.34 - $27.10
Status: closed (Weekend or Holiday)
My take: Tokenized stocks package real stocks onto the blockchain. As long as custody receipts are issued on time, the on-chain price’s premium/discount versus the underlying should be very small—that’s exactly what this structure is for. I’ll be watching whether the on-chain price keeps up with the stock.
Do you think tokenizing stocks is promising, or is it still just hype?👇
#GeniusLife #LI
$LI / Tokenized Stocks — look at the official on-chain data, not the headlines.
Token: LIon | Underlying stock: LI
On-chain price: $11.52 (24h -2.35%)
Number of holding addresses: 357 | US stock market cap: $11,255,270,106
P/E ratio: 99.38 | Dividend yield: -
52-week range: $11.34 - $27.10
Status: closed (Weekend or Holiday)
My take: Tokenized stocks package real stocks onto the blockchain. As long as custody receipts are issued on time, the on-chain price’s premium/discount versus the underlying should be very small—that’s exactly what this structure is for. I’ll be watching whether the on-chain price keeps up with the stock.
Do you think tokenizing stocks is promising, or is it still just hype?👇
#GeniusLife #LI
Token: LIon | Underlying stock: LI
On-chain price: $11.52 (24h -2.35%)
Number of holding addresses: 357 | US stock market cap: $11,255,270,106
P/E ratio: 99.38 | Dividend yield: -
52-week range: $11.34 - $27.10
Status: closed (Weekend or Holiday)
My take: Tokenized stocks package real stocks onto the blockchain. As long as custody receipts are issued on time, the on-chain price’s premium/discount versus the underlying should be very small—that’s exactly what this structure is for. I’ll be watching whether the on-chain price keeps up with the stock.
Do you think tokenizing stocks is promising, or is it still just hype?👇
#GeniusLife #LI
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