$TMO / Tokenized Stocks——Look at official on-chain data, not the headlines.
Token: TMOon | Underlying Stock: TMO
On-chain price: $651.61 (24h -4.37%)
Number of holding addresses: 45 | US stock market cap: $241,262,095,204
P/E ratio: 36.07 | Dividend yield: 0.26%
52-week range: $435.27 - $683.63
Status: postmarket
My take: Tokenized stocks wrap real stocks on-chain. As long as custody certificates are updated in a timely manner, the on-chain price will have only a small premium/discount versus the underlying—this is exactly the point of this structure. I’ll be watching whether the on-chain price keeps up with the stock.
Do you think tokenizing stocks is a good idea, or is this still just speculation?👇
#TMO