ETH: RWA on Ethereum: Tokenized Stocks Net Minted

Included with Plus.

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

Why use it. Minting and redemption are the issuer creating and retiring tokens against real shares, the actual flow into and out of tokenized stocks, unlike a change of value that also includes the share price. How to read it. Bars above zero are days when more tokens were minted than redeemed.

Calculation. Per token, the day's minted minus 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.