ETH: RWA on Ethereum: Tokenized Stocks Value
Included with Plus.
The US-dollar value of Ondo Global Markets tokenized stocks on Ethereum, for the tokens Kraken also prices.
Why use it. Tokenized stocks carry listed shares onto public blockchains, where they trade around the clock; their value shows how much has actually moved on chain. How to read it. A rising line is new tokens minted, higher share prices, or both: compare it with the net minted chart to separate them.
Calculation. Sum over the tokens of the units in existence at the end of the day times the Kraken price of the same stock. 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.