Urgent 🚨
Tokenized (fractional) shares have different meanings depending on the entity/platform, providing varying rights and profits (distributions).
Tracking certificates, debt notes, or actual shares are retained, with different behaviors regarding “linking”/the reference price (peg).
The settlement process is notable, as most fractional shares are settled via Alpaca, except Coinbase.
This highlights the importance of choosing the “structure/wrapper” carefully 📊.
Stay tuned for more updates ⚡️!
$ORDI , $RE , $TAC
Tokenized (fractional) shares have different meanings depending on the entity/platform, providing varying rights and profits (distributions).
Tracking certificates, debt notes, or actual shares are retained, with different behaviors regarding “linking”/the reference price (peg).
The settlement process is notable, as most fractional shares are settled via Alpaca, except Coinbase.
This highlights the importance of choosing the “structure/wrapper” carefully 📊.
Stay tuned for more updates ⚡️!
$ORDI , $RE , $TAC