#elonmuskenergytointelligence
elonmuskenergytointelligence
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$ON / Tokenized stocks—look at the official on-chain data, not the headline.
Token: ONon | Underlying stock: ON
On-chain price: $73.35 (24h +2.86%)
Number of holder addresses: 90 | US stock market cap: $28,543,543,106
P/E ratio: 43.23 | Dividend yield: 0.00%
52-week range: $44.56 - $134.92
Status: regular
My take: Tokenized stocks wrap real stocks on-chain. As long as the custody certificates are timely, the on-chain price’s premium/discount to the underlying should be very small—that’s the purpose of this structure. I’ll keep an eye on whether the on-chain price tracks the stock.
Do you think tokenized stocks are promising, or is it just hype?👇
#ElonMuskEnergytoIntelligence #ON
$ON / Tokenized stocks—look at the official on-chain data, not the headline.
Token: ONon | Underlying stock: ON
On-chain price: $73.35 (24h +2.86%)
Number of holder addresses: 90 | US stock market cap: $28,543,543,106
P/E ratio: 43.23 | Dividend yield: 0.00%
52-week range: $44.56 - $134.92
Status: regular
My take: Tokenized stocks wrap real stocks on-chain. As long as the custody certificates are timely, the on-chain price’s premium/discount to the underlying should be very small—that’s the purpose of this structure. I’ll keep an eye on whether the on-chain price tracks the stock.
Do you think tokenized stocks are promising, or is it just hype?👇
#ElonMuskEnergytoIntelligence #ON
Token: ONon | Underlying stock: ON
On-chain price: $73.35 (24h +2.86%)
Number of holder addresses: 90 | US stock market cap: $28,543,543,106
P/E ratio: 43.23 | Dividend yield: 0.00%
52-week range: $44.56 - $134.92
Status: regular
My take: Tokenized stocks wrap real stocks on-chain. As long as the custody certificates are timely, the on-chain price’s premium/discount to the underlying should be very small—that’s the purpose of this structure. I’ll keep an eye on whether the on-chain price tracks the stock.
Do you think tokenized stocks are promising, or is it just hype?👇
#ElonMuskEnergytoIntelligence #ON
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