A tokenized stock is a token on a public blockchain that tracks the price of a real share. Apple, Tesla, Nvidia and many others already have one. This site does not sell them. A company issues each one, and it lives on someone else's chain.

The short answer

A company takes a real share, or a promise tied to a real share, and issues a token that follows the share's price. That token trades on a public blockchain. Anyone can look it up, and we never ask you to sign in or use your wallet to do it.

The token wraps the share. What you legally hold depends on which company issued it, and that is worth reading carefully, so there is a section on it below.

How a stock gets on chain

The steps are the same for most issuers:

A company (the issuer) holds a real share, or a claim tied to one, with a custodian.
The issuer creates a token on a chain such as Ethereum, Base, Solana or Robinhood Chain.
The token is set to track the price of that share.
The token trades on chain. Its price, supply and holders are public.

The share sits with the custodian while the token moves on the chain. Holding those two together is a legal promise, written by the issuer in the issuer's own terms.

What you can check

Some facts about a token are open to anyone:

The contract address. The one place the token lives. You look it up rather than take it on trust.
The supply. How many tokens exist.
The holders. How many wallets hold it, and how much each holds.
Every transfer. Each time the token moves, on a public record.
The price. What the token trades at on chain.

A block explorer shows you all of it without asking who you are.

What a token is, in law, depends on the issuer

Every issuer wraps the share in its own legal terms, and they are not the same. We report each in the issuer's own words:

Robinhood states it issues these as debt securities. A debt security is a claim on the issuer, not the share.
Backed, through xStocks, states it issues tracker certificates, backed one to one by the share held with a custodian.
Dinari states it issues a "dShare", backed one to one by a share held in a treasury vault.
Ondo states its product gives economic exposure to the share, not title to it.

Each of those is a claim tied to a share held somewhere else, and the exact claim is the issuer's to define. Read what the issuer says before you read anyone's summary of it, ours included. CoinGecko lists these products next to each other if you want to compare them.

What a tokenized stock is not

A stock token is not a share. That holds across every issuer, whatever the wrapper.

Holding one leaves you off the company's share register, so the vote that comes with a registered share is not part of the package. Registering a share in your own name and holding a token that tracks its price are two real but different arrangements.

Where to go next

Read how to buy a stock on chain, step by step, with no wallet prompt from us.
Read can you buy stocks on the weekend? for what happens to an order while the exchange is shut.
Check the glossary for the plain meaning of street name, custodian, wrapper and the rest.
Read what the issuers say, in their words. We link each one from the stock's page.