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$TM / Tokenized Stocks—Look at the official on-chain data, not the headlines.
Token: TMon | Underlying stock: TM
On-chain price: $198.49 (24h -0.81%)
Number of holding addresses: 165 | US stock market cap: $233,872,267,902
P/E ratio: 8.66 | Dividend yield: -
52-week range: $166.10 - $248.90
Status: overnight
My take: Tokenized stocks package real stocks onto the blockchain. As long as the custody receipts are timely, the on-chain price’s premium/discount relative to the underlying should be very small—this is the whole point of the structure. I’ll watch to see whether the on-chain price keeps up with the stock.
Do you think tokenizing stocks is promising, or is it just hype?👇
#TM
$TM / Tokenized Stocks—Look at the official on-chain data, not the headlines.
Token: TMon | Underlying stock: TM
On-chain price: $198.49 (24h -0.81%)
Number of holding addresses: 165 | US stock market cap: $233,872,267,902
P/E ratio: 8.66 | Dividend yield: -
52-week range: $166.10 - $248.90
Status: overnight
My take: Tokenized stocks package real stocks onto the blockchain. As long as the custody receipts are timely, the on-chain price’s premium/discount relative to the underlying should be very small—this is the whole point of the structure. I’ll watch to see whether the on-chain price keeps up with the stock.
Do you think tokenizing stocks is promising, or is it just hype?👇
#TM
Token: TMon | Underlying stock: TM
On-chain price: $198.49 (24h -0.81%)
Number of holding addresses: 165 | US stock market cap: $233,872,267,902
P/E ratio: 8.66 | Dividend yield: -
52-week range: $166.10 - $248.90
Status: overnight
My take: Tokenized stocks package real stocks onto the blockchain. As long as the custody receipts are timely, the on-chain price’s premium/discount relative to the underlying should be very small—this is the whole point of the structure. I’ll watch to see whether the on-chain price keeps up with the stock.
Do you think tokenizing stocks is promising, or is it just hype?👇
#TM
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