ETH: RWA on Ethereum: Tokenized Stocks Minted and Redeemed

Included with Plus.

Tokenized stock tokens minted and redeemed on Ethereum per day, in US dollars at that day's price.

Why use it. Gross flows show how much investors really move in and out, which the net figure can hide. How to read it. Compare the two lines: minting above redemptions means investors are adding tokenized stocks on Ethereum.

Calculation. Per token, the day's minted and redeemed units times the day's Kraken price, summed over the tokens with a price. Computed by CryptoKeyhole from its own Ethereum archive node: every transfer of each token on the list Ondo Global Markets publishes for its tokens, read from the node and checked each day against each contract's total supply. Values use the tokenised-stock price on Kraken for the same company, a market price of a token and not the exchange close: the day's last Kraken trade, the latest trade for the day still open, and no value for a token Kraken does not list or a day it has not traded within the last few days. Ondo's tokens pass on dividends, so a token can represent a little more than one share. Other issuers' stock tokens are not included. Periods are UTC; the latest day updates every hour.