Mike | Abundance 🌟
@abundance
eli5 tokenized stocks. other than pure speculation with no connection whatsoever to the performance of the company, what gives these value?
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butu
@butu
The peg to the underlaying asset gives the value
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Mike | Abundance 🌟
@abundance
there is no peg..
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butu
@butu
The price is actually
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Mike | Abundance 🌟
@abundance
how tho? you have 2 companies offering 200% of the value of both OpenAI and SpaceX
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butu
@butu
These companies don’t even have stocks traded publicly yet right?
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Mike | Abundance 🌟
@abundance
right..
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